Research shows start-ups need an average of £16,309 in order to begin
Maintaining a social life, taking time off for holidays and dating are among the hardest things about starting your own business, a poll has found.
Establishing your business in the marketplace, working weekends and believing in yourself also appeared among the challenges when finally making the decision to “go out on your own”.
The fear of failing, not having as much disposable income, managing finances and being able to drive the recruitment for their business also proved difficult for many of the 500 entrepreneurs surveyed.
Read more The gender pay gap can be even worse for women who are self-employed This is the happiest job to work in, study claims Most older workers will end their careers self-employed “From start-up, to scaling up and then staying ahead, there’s nothing easy about running your own business,” said Hugh Chater, chief commercial officer at Virgin Money which commissioned the study.
“Balan..