independent business

Number of New Businesses Hits Five Year High

Service businesses such as house and pet sitting experience surge, while traditional industries such as hair and beauty and florists rapidly decline Research by Simply Business has revealed a five year high in the number of start-ups with a 24% increase in new companies launching within the UK, compared to 2013. The report found that new service businesses, such as house sitting, facilities management and pet minding firms, are leading the market – experiencing an increase of 527%, 459% and 199% respectively. This is a stark contrast compared to the performance of more traditional services, with start-ups in the hair and beauty, florist and event organising industries falling. The number of hair and beauty consultant firms witnessed the biggest decrease falling by 73%, followed by florist ... »