I was amazed at these home business statistics coming from the UK! Can you believe that a whopping 60% of their new businesses are started at home?!!! Here’s the problem with entrepreneurship though. Governments WANT new jobs and economic productivity as long as it can be regulated and taxed and provide photo ops to get people elected. But the entrepreneurial people who start these businesses universally want to see LESS taxation and regulation so that they have a chance to survive the start up stage and actually create more jobs! Go UK entrepreneurs. This is a fabulous report!
From The Register (UK)
British small businesses want the government to cut regulation, reduce business taxes, and offer more support and advice.
Some 60 per cent of new businesses are now started at home. Home-based businesses employ 28 per cent of the the total workforce and have combined turnover of £364bn, according to research from BT.
In total, small businesses make up 47 per cent of total UK employment (10.55 million jobs) and turn over £972.2bn a year.
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