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1 in 4 Brits a potential entrepreneur

august 2012

One in four of us dream of starting our own business, according to a new survey by business software provider, Sage.

Entrepreneurial spirit appears to be strongest in the north east, with 11% of people in this region considering starting a business, compared to 9% in London. The lowest numbers of would-be company owners were recorded in Scotland, Northern Ireland and the north west.

The most popular reason for wanting to form a company was in order to do something you are passionate about, with 38% of the 3000 participants stating this as their motivation.

The results of the study are significant to the British economy, according to managing director for Sage’s small business division, Lee Perkins:

“The UK business landscape is changing. The home for entrepreneurism, which has for so long been associated with London and the south east is moving north, and this will have a significant impact on regional economies.”

With so many of us aspiring to start a company, it looks like exciting times for the business world – the next Richard Branson could be just around the corner.

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