Young people are more entrepreneurial than ever before and recent data has shown that young people have started twice as many businesses than the baby boomer generation. In fact, in February 2020, it was reported that 1,000 small businesses were being launched each day, equating to a total of 5.7 million businesses being active in the UK market. Of this phenomenal volume, 450,000 of them were run by business owners aged between 16-24 years.
Changes in technology and a desire to work for themselves has resulted in more young people than ever taking the plunge and starting their own businesses. This spike has also been driven by a lack of local opportunities in roles and industries that interest them, and a general desire for independence.
However, many young entrepreneurs naturally fear the reality of being self-employed. This is where we can help, providing expert support and guidance through our accountant services. We’re excited to mentor young entrepreneurs to ensure their start-up business is as successful as it can be, and help them achieve their goals.
We’re passionate about supporting and nurturing young talent and translating it into a viable business opportunity as there is nothing more rewarding than seeing a young person develop and grow their business.
If you’re a young entrepreneur looking to start your own business, get in touch with us today to learn more about our accountant services and how we can help you reach your business aspirations.