Small Business Set Up Increased in 2013

Opportunity Knocks

If recent reports are anything to go by then Britain is gradually moving out of the recession and the rest of the world are slowly following suit. There are more positive signs that the economy is recovering from the downturn and the most important area showing signs of improvement is the business market. There has been a significant improvement in the numbers of new businesses that are starting up in 2013 and this will dramatically improve the market as well as encouraging a turn around in unemployment levels. The number of businesses for sale has maintained a steady level as there are more people attempting to secure the future of their company and those that are now especially keen to buy businesses and try their hand in the market.

In terms of new business start ups, one of the most successful areas has been London, the capital has seen a 21% increase in the amount of start ups and this has initiated the rise in jobs, and helped the beginning of the economic recovery. Although the UK and Europe are pulling themselves out of the recession, which greatly helps their individual economies, the world as a whole will be benefited from the end of the recession, as they too will experience a better economy. Countries such as the USA and Australia are sensitive to the way in which Europe and Britain are in terms of the economy and the slightest downturn has a knock on effect. The world has recently been experiencing an entrepreneurial boom with more people taking on businesses and reinvigorating niche markets.

Small businesses are the most common form of company established this year as a way to begin the repair of the business industry. there has also been a higher number of job vacancies that is helping to increase the number of employed, a rate which has been at its lowest since the recession struck.

Finances are still an area of concern for the modern day family and more people are taking on second jobs as a way of increasing the level of income into a home, allowing them to pull themselves out of a period of financial uncertainty. Small businesses are the perfect solution for this and have enabled more people to turn around the crisis as they take on small roles and part time employees, which will also reduce the expenses the company has. 73% of people are taking on additional employment to increase finances and get them back on to level footing. It is also a great way to improve the experience and the qualifications that a person possesses, a secondary job can be the perfect route into an industry, which is quickly leading to more permanent roles and even to the creation of small businesses in the specific field of interest.

With the job and business markets growing, other leading industries will begin to follow suit and this will lead to the full recovery of the economy however slow it may be. The country is showing positive signs of being on its way out of a period of economical downturn.

Leave a Comment

Your email address will not be published. Required fields are marked *