[joshwc]

The reason I ask that we recently did some research into the data from our business lead service and found that there had been a noticeable jump in new businesses starting up over the last few months (over 11% more startups than the same period last year).

I wondered if people are maybe thinking their jobs aren't safe so are taking the plunge - I also heard recently that teacher recruitment has leapt up, especially in the City. Or maybe partners who weren't working are now starting a business to earn extra cash?

If you've just started up? Why now?

Thanks

[Money Saver]

Its easier to start up now, there are more and more resources available online, free advice from forums!! and crucially you can create a brand and corporate image without business premises and huge marketing costs. Ultimately the finacial risks are lower during market testing and start up. The work ethic hasnt changed though - its still bloody hard work!!

[Gamesman]

I think this period in time is the reason sites/business like Ei42 are thriving.

And also a good reason why your business ( Money Saver ) has made a good move by bringing out a 5% cashback card.

Everyones now looking for ways to save money and cut back.

I'm not a direct customer of yours MoneySaver, but I am a customer of your company.

I intend to use the 5% discount card to make online purchases.

That way I'll get 5% cashback of your company and a further percentage (varies ) in cashback off Ei42.

Any business starting up now that concentrates in saving money has got to be a winner.

And that includes any business that promotes ways of making extra money.

.

[UKSBD]

Daily listings in my directory have been steadily increasing for a number
of months now, and most of these appear to be start-ups.

[Inzvestor]

There has also been a more relaxed attitude from employers, removing clauses from contracts prohibiting employees owning or running another business - provided it is not in competition with their employment (no conflict of interest) and that all business activities are carried out off the premises.

[Eagle]

Lay-offs = Start-ups.

[Indizine]

from Yorkshire & Humberside stats and my years in start up, (ie real stats) redundancies produce a lot less start ups than you would imagine.

[Moneyman]

Eagle got it right. plus the dragon's den effect.

I hope for a lot of people's sake the cash crisis sorts itself out pronto because people always underestimate the cash required and at the moment you cant get credit for love or money.

this is not a good time to give up the day job

[antonia]

I blogged about a recent survey on this which said that people WERE staring businesses because they were afraid of redundancy

[joshwc]

Some very interesting points here. "The Dragons Den Effect" I like that!!