According to the office of national statistics two thirds of new jobs created since the financial crisis have been people becoming self-employed. The increase in self-employment has led to a growth in the labour market for the past 30 years hence the continued support for entrepreneurs.
It has also become an alternative to retirement. The office of national statistics stated that self-employment among the over 50’s is up by 36% compared to 10 years ago. This could be due to the changes to pensions and the ageing population.
The most popular sectors for self-employment include
- Construction and building: 167,000 people
- Taxi Drivers and Chauffer’s: 166,000 people
- Carpenters and joiners: 144,000 people
The increase in self-employment could be due to the fact that many people have aspirations to be their own boss. This would allow them to take more of the profits and have increased flexibility for their hours of work.
If you like the sound of becoming self-employed or need advice on whether it would be an advantageous career move for you please contact us.
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Cloud Accounting
If your business is growing, then you may need to access some sort of finance product to facilitate your growth. With so many products available, it can be bewildering. How do you work out how much you need, for how long and which product/or products are right for you?
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Company Year End
The legal and compliance burden put on businesses through the need to submit tax returns and other such documents to strict deadlines is often one of the most stressful elements of running a business.
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When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.