Contractors may be young at heart but not necessarily young
In news that will certainly rattle a few cages, new research reveals well over half of the nation’s self-employed entrepreneurs are over the age of 50.
In news that will certainly rattle a few cages, new research reveals well over half of the nation’s self-employed entrepreneurs are over the age of 50.
Despite government promises to make it easier for small businesses to win public sector contracts, it’s plans don’t seem to be working.
It’s Budget Day tomorrow; the weeks of speculation will be over and UK taxpayers, including umbrella company contractors, will discover what is in store for them over the next 12 months.
Contractors and freelancers may have been wondering where to turn for advice after the government funded Business Link advice network closed down.
A survey by Intuit suggests that a lot of UK entrepreneurs do not have the financial expertise to enable them to get the best out of their enterprise.
After last week’s disappointing jobs statistics showed that youth unemployment is still increasing, the REC has called on the business community to become involved in proactive initiatives such as the Youth Employment Charter.
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
It would appear that UK men are more savvy than their female counterparts when it comes to professional networking.
According to Andrum Consulting, most entrepreneurs lack the organisational skills necessary to launch their ideas successfully.
The FSB recently welcomed the news that unemployed dropped by 88,000 and that a similar number of people entered the workplace.
The Department for BIS recently published statistics which show just how dependant the UK economy is on small businesses. In fact SMEs provide 60% of all the UK’s employment.
The CBI has welcomed the government’s new StartUp Britain campaign saying it could encourage more people to set up their own business.
As budget day looms ever closer, various organisations have been urging the government to create an environment that supports entrepreneurs, small businesses and umbrella company contractors.
During the Conservative Party’s spring conference last weekend, George Osborne said the government planned to reintroduce Enterprise Zones.
The OTS has now identified 47 out of 1,042 tax reliefs that could be abolished and a further 17 that could be simplified. It’s long awaited report was published last Thursday.
There is a North-South divide when it comes to hiring intentions, according to the latest quarterly survey of entrepreneurs conducted by RSM Tenon, the professional services firm.