In the united kingdom, entrepreneurs have never played a more important role than they do today. Small businesses all over the UK provide almost HALF of all private sector jobs and have increased our countries employment rate to record high levels.
These stats reveal the quality of entrepreneurial ideas we have here in the UK. Businesses are being started every day with many of them flourishing and becoming highly profitable in a short time.
We have amazing support available for anyone looking to start a business today. There has never been a better time to turn your business idea into something real!
In England, government policy has favoured the small and medium-sized businesses in recent years. The government business growth service provides bespoke support for businesses to enable them to grow exponentially, while companies like Innovate UK continue to provide valuable information through industry research for tech start-up companies.
Our local government is also giving entrepreneurs the red carpet treatment. We have plans underway to give more powers to specific regions in the United Kingdom. Powers that will for example allow city Mayors to help cultivate a nurturing environment as well as great support for growing businesses.
Expanding Into Global Markets
It has never been easier to expand a business into the global market than it is today. Things like social media marketing allow us to reach millions of people at a fraction of what it would cost using other, more traditional forms of marketing.
Private sector companies are also increasingly offering support for growing businesses. An entrepreneur in the UK today has access to a wide range of accelerator programs that the funding and support that many entrepreneurs need. Accelerator programs are so popular because they produce great results for businesses. Success rates for startup companies are in excess of 92%, which is almost 20% higher than companies that decide to go it all alone.
Entrepreneurs looking for long-term growth have big smiles on their faces. We’re seeing the rise of the next generation of work spaces that help to grow businesses in a nurturing, socially connected environment.
The mixture of policy that supports entrepreneurs as well as the abundance of resources have resulted in the perfect environment for the aspiring entrepreneur.
Yes, it’s still hard to launch your own business, especially if you’re starting from scratch, but nothing beats being your own boss and watching your baby grow into something wildly profitable and successful. Business can be tough but it has to be said that it is also one of the most satisfying and exciting experiences one can have.