Just had to pass this on to you
I don't spend a lot of time listening to the Government but I was interested to skim through a review by Enterprise Advisor, Lord Young about the changing face of business over the last 5 years.
Lord Young basically heralds the beginning of the small business "Golden Era"
You can read it here if you've a mind to.
Here's some key points:
- There are now 5.2 million small firms in the UK which account for 48% of employment and 33% of private sector turnover
- Over nineteen out of twenty firms in the UK today employ fewer
than ten people
- The business population has increased by 17% since 2010
- In 2011 there was a record number of start-ups, and the beginning of 2014 saw a record increase in the number of firms
What's important to NOTE is what Lord Young attributes these facts to . . .
. . . the accessibility and mass adoption of new technology!
Why?
Technology has lowered the barriers to entry for people from all backgrounds and ages to make a business idea happen, and to use mobile and digital devices to FIND CUSTOMERS, make
sales and fund new ventures.
In other words - the INTERNET!
(Hello!! SFM have been saying that for years
now)
While the internet reached critical mass in 1997, it has really been within the last five years that smartphones and tablets have become relatively cheap enough to become commonly used by people to go and work for themselves.
Lord Young also acknowledges there's been a complete culture change in our attitude to entrepreneurship.
So it's OFFICIAL.
And it's great news for you.
The internet is the breeding ground of savvy like-minded people looking to future-proof their lifestyle.
SFM and myself are here to help you leverage it whether you have any fancy business ideas or not.
Cheers
