2020 saw an uptick of newly registered businesses, with almost half a million (468,371) being registered in the UK, with the most popular startup being in the retail sector. In 2020, there were six million private sector businesses in the UK, up by 112,700 compared to 2019.
The world is undergoing huge changes at the moment. Between coronavirus pushing the economy to the limit and a group of Redditors challenging the financial market hegemony, people are questioning the role of established institutions. If finance doesn’t work to enable the economy, businesses or individuals, then who is it for?
Being an entrepreneur is about more than just starting a business. Setting up business in an existing market has been done many times before. It comes with its own risks and challenges, but you’ll be able to find some good advice and guidance to steer you down the right path.
