Encouraging results for business start-ups

-

Despite gloomy economic forecasts there are some encouraging results emerging in relation to new business start-ups, according to the chief executive of the National Federation of Enterprise Agencies.

George Derbyshire said figures from Barclays show that in the first quarter of this year almost 100,000 new businesses opened, which he insisted was a "very strong performance".

His colleagues around the country have also received a positive level of enquiries from those looking to start their own business, he added.

"The straws in the wind are not totally discouraging in regard to the start-up market," said Mr Derbyshire, pointing out that if there is a rise in unemployment, as is expected, this could encourage "another flow of new starts".

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

And he said that while no business sector is immune from the current economic downturn, the success of a start-up will ultimately depend on the "skills and energy" of the managers and those who own the business.

Latest news

England’s overnight World Cup clash and 5am pub opening prompt CIPD advice

The CIPD is urging organisations to agree any flexibility before England's 1am World Cup last-16 tie to help minimise disruption at the start of the working week.

Russell Cowley: Gen Z – rebuilding workplace culture, break by break

Gen Z workers are taking proper breaks and in doing so, they may be fixing something the rest of us broke.

Fit for Work: Weekend warrior? You can still reap the health benefits

Weekend exercise can still improve long-term health, even for people who struggle to fit physical activity into the working week.

Superdry co-founder’s victim warns workplace power can silence abuse victims

A survivor's account raises questions about speaking-up cultures and accountability in organisations.
- Advertisement -

UK’s always-on work culture ‘driving employee burnout’

Nearly half of UK workers say they end most working days mentally exhausted as rising workplace pressure leaves employees and managers struggling to switch off.

Andrew Murray on why no two days look alike

A people development leader shares how travel, training and a passion for helping others shape a working day with little room for routine.

Must read

Phil Austin: Could improving employee wellbeing solve the UK’s productivity puzzle?

Is there a clear solution to solving the UK’s productivity problem?

Janine Leightley: Recognising the power of workplace mentorship for women

Despite strides towards equality, women still face challenges throughout their careers. This is why mentorship for women is so important.
- Advertisement -

You might also likeRELATED
Recommended to you