This week is Local Business Week and new research has revealed that more than 1 in 3 (36%) people would like to start their own business because they want to earn money for themselves and not for their boss and a third (35%) would like to choose their own working hours.
The research into why people would like to start their own business has given a picture of the driving forces behind entrepreneurs and their aims and desires. With the latest figures from the Federation of Small Businesses showing that 3.7 million (63%) UK businesses are sole proprietorships and 99.9% of businesses are in the SME category, how these companies fare is crucial to helping the UK economy to continue growing out of its slump.
It was also revealed that taking pride in owning your own business is a leading reason for going it alone, with 1 in 4 (25%) of people polled saying this is why they would start their own company.
However, despite the fact that there have been signs of a growing economy in the UK recently, a quarter (25%) of people surveyed would be unsure about starting their own business right now as they aren’t sure about the strength of the market.
Small businesses account for 99.9% of all private sector businesses and are the backbone of the UK economy.
Despite a more positive outlook within the UK economy recently, there are still many challenges remaining for SMEs. From financing to marketing, small and medium businesses need to consider all areas if they are to make the most of the growth opportunities that are now finally beginning to present themselves.
FE CREDIT and The Journey To Customer Experience Enhancement
As a leading enterprise in the consumer finance industry, FE CREDIT is being on the mission of constantly enhancing digitalization and adopting advanced technological platform in order to bring customers optimum experiences when they use the company’s products or services. With the endeavour of shortening the distance with customers, Genesys is considered a strategic platform applied by FE CREDIT to serve customers the bests as soon as they concern or are in need of financial services.
Global Banking & Finance Award Winner -PT Sucorinvest Asset Management
Exclusive interview with Mr. Jemmy Paul Wawointana,Chief Executive Officer of PT. Sucorinvest Asset Management
Global Banking & Finance Award Winner – Bupa Global in Hong Kong
Exclusive interview with Neil Kirby, Marketing & Sales Director, Bupa Global.
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