A recent article expresses concern over the lack of entrepreneurs in the UK.
Writing for The Times, journalist Oliver Kamm says there has been a concerning slump in the level of entrepreneurial activity in the past year.
He cites figures released last week by the Office for National Statistics which shows that the number of business births decreased last year for the first time since 2010, from 414,000 in 2016 to 382,000 in 2017, and the number of business deaths increased from 288,000 to 357,000.
“The very low cost of capital ought to encourage business investment and start-ups, but uncertainty over Brexit probably is helping to restrain business creation,” Mr Kamm warns.
At Beavis Morgan, our specialist business advisers to entrepreneurs are here to help you succeed. We know that starting up and running your own business can be very rewarding, provided the appropriate processes are followed and the right structures are in place.
We are well versed in working with businesses of different shapes and sizes and across a range of sectors, so you can rely on our detailed understanding of the processes required in achieving business success.
Our partner business, BM Structured Finance, is also available to take the stress of applying for finance away from you. With strong relationships across a number of providers, we will work with you to tailor the facility to best suit your individual business requirements.