The research also found that by the time new businesses have been established for two years and set on a growth path, just 13% of companies are owned by female entrepreneurs.
Despite the relative lack of female owned firms, businesses run by women contribute £130bn per annum to the UK economy and experience similar growth patterns and turnover as companies owned by men.
Source - Women's Enterprise Task Force (WETF).
www.ukba.co.uk
Showing posts with label new business. Show all posts
Showing posts with label new business. Show all posts
Tuesday, 26 May 2009
Monday, 20 April 2009
More than a quarter of small businesses are seeing an increase in demand for their services and products
In the Forum of Private Business (FPB) monthly economic survey 26% of small firms reported a rise in the market for their goods and services, compared to 23% that experienced a decline. Just over 50% of respondents saw no change.
This is the first time since the panel was launched in November that more business owners have experienced positive rather than negative market conditions.
8% of small business also revealed that access to finance had improved - compared with the previous month's survey where not one respondent reported this.
"In order to capitalise on these positive signs, the government must launch a long-term, strategic plan in the forthcoming Budget; one that helps small businesses survive and grow, and become a catalyst to broader economic prosperity," said Phil Orford, FPB chief executive.
www.ukba.co.uk
This is the first time since the panel was launched in November that more business owners have experienced positive rather than negative market conditions.
8% of small business also revealed that access to finance had improved - compared with the previous month's survey where not one respondent reported this.
"In order to capitalise on these positive signs, the government must launch a long-term, strategic plan in the forthcoming Budget; one that helps small businesses survive and grow, and become a catalyst to broader economic prosperity," said Phil Orford, FPB chief executive.
www.ukba.co.uk
Friday, 3 April 2009
The number of new businesses launched in 2008 increased from the previous year despite the recession, according to figures released by Barclays.
436,600 new start-ups were launched in 2008, compared to 432,300 new businesses in the previous year.
"These figures may seem surprising given the current economic climate," said Steve Cooper, local business managing director at Barclays.
"There could be a number of reasons for the robust start-up market, including individuals made redundant opting for self-employment. We should also remember that there are always opportunities, even in more challenging times."
A large reason for this growth in new businesses is entrepreneurial women - female-only starts ups increased by 9% to total more than 90,000 in 2008 up from 83,000 in 2007, compared to male-only start-ups which showed a slight increase of less than 1% to 300,000.
Download our free start up guide: click here.
www.ukba.co.uk
"These figures may seem surprising given the current economic climate," said Steve Cooper, local business managing director at Barclays.
"There could be a number of reasons for the robust start-up market, including individuals made redundant opting for self-employment. We should also remember that there are always opportunities, even in more challenging times."
A large reason for this growth in new businesses is entrepreneurial women - female-only starts ups increased by 9% to total more than 90,000 in 2008 up from 83,000 in 2007, compared to male-only start-ups which showed a slight increase of less than 1% to 300,000.
Download our free start up guide: click here.
www.ukba.co.uk
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