Business Brains

9 months ago 15th Feb 12:48

But the poll of 2,000 Brits revealed that a third of people dreaming of setting up their own business might not get round to doing it because they are unsure how to go about it.

Money is another concern with 30 per cent of aspiring bosses saying they are worried about getting into debt or adding to existing money problems.

Almost half would worry about getting the money together to fund the business in the first place.

Surprisingly, 45 per cent of people said they would fund a new company with a bank loan, overdraft or even a credit card.

But 41 per cent of people admitted the current economic climate may make them less likely to start up their own business in the near future.

Rosemary French of Business Link said: “Many people who wish to start their own company can be put off due to fear of failure or uncertainty about how to start.”

“However there is a wealth of free information, advice and support available locally and online, to help budding entrepreneurs every step of the way.”

The poll also revealed that retail, art and culture and health are the most popular sectors Brits would consider entering when starting up a new business.

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