There's an interesting article on SME businesses and the government's hopes for them over at the FT which was published recently. In the article, the prime minister is quoted as having recently said that the "rate if new business creation" was faster in 2011 to 2102 "than any other year in our history".
This is backed up by the figures - also mentioned in the FT article - from Companies House, showing that an amazing 450,000 businesses were registered for the most recent complete financial year - with the overwhelming majority (ninety nine and a half percent) being within the SME scale.
This is interesting for a number of reasons, not least of which is that the National Institute of Economic and Social Research has this week produced figures indicating that the UK has pulled out of double dip recession. Business creation is likely to have played a part in that, and while the future remains uncertain (as the future always tends to do) it's got to be an encouraging sign that the number of businesses is growing. And to record levels, too.
Of course, the nature of work changes over time - so there are likely to be one-person consulting firms that are run by people who have perhaps been made redundant and opted to continue working in their chosen field outside the parameters of corporate life. So while it may not all be entrepreneurial ventures that constitute the bigger picture, it still shows that there is a resilient independent spirit that's making a massive contribution to the economy.
Uptake of SME and self-employed health insurance could likely see a rise, too, as the number of start ups, sole traders and other forms of business go onstream in the time to come.
This is backed up by the figures - also mentioned in the FT article - from Companies House, showing that an amazing 450,000 businesses were registered for the most recent complete financial year - with the overwhelming majority (ninety nine and a half percent) being within the SME scale.
This is interesting for a number of reasons, not least of which is that the National Institute of Economic and Social Research has this week produced figures indicating that the UK has pulled out of double dip recession. Business creation is likely to have played a part in that, and while the future remains uncertain (as the future always tends to do) it's got to be an encouraging sign that the number of businesses is growing. And to record levels, too.
Of course, the nature of work changes over time - so there are likely to be one-person consulting firms that are run by people who have perhaps been made redundant and opted to continue working in their chosen field outside the parameters of corporate life. So while it may not all be entrepreneurial ventures that constitute the bigger picture, it still shows that there is a resilient independent spirit that's making a massive contribution to the economy.
Uptake of SME and self-employed health insurance could likely see a rise, too, as the number of start ups, sole traders and other forms of business go onstream in the time to come.
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