small business news

company closures rising in Wirral

Recent research from shows there was a rise in company closures in Wirral during 2013, with 597 companies closing over the course of the year.

record year for new business in Swansea

2013 saw a surge in company formations in Swansea, according to a new economic report from

Derby smashes record for company formation

Derby smashed its own record for company formation during 2013, according to the latest Duport Business Confidence Report for the area.

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less annual leave for self-employed workers

August 2012

A recent poll has shown that 24% of self-employed people take no annual leave, compared to only 5% of permanent workers.

The survey, which was conducted by ICM and commissioned by accountancy company Boox, questioned 2033 adults across the UK. Other findings were that almost half of self-employed workers continue working when they are on leave, and that self-employed workers are twice as likely as their permanently employed counterparts to check emails on holiday.

However, there must be some benefits to running your own company, as 56% of those surveyed preferred it to being in full-time employment. 35% also stated that they found the flexible working hours convenient.

Philip Venn, Managing Director of Boox, commented:

"The reality is that when we are in charge of our own business the stresses and strains of securing our next contract or missing a deadline play a much greater role in our lives.

This makes it harder to take time out and if we do manage to get away, retreat anxiety makes it that much more difficult to switch off from our work life."

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