More over fifties starting small businesses

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Wednesday 14.05.08

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Tuesday 13.05.08

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Monday 12.05.08

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Thursday 08.05.08

Adam Hart-Davis & FSB Campaign 'To Keep Trade Local'

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Tuesday 06.05.08

SMEs Encouraged To Register For Public Sector Contracts

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Friday 02.05.08

SME Groups Angry Over Competition Commission Outcome

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More over fifties starting small businesses

John Williams - Wednesday 23.01.08, 10:51am

A growing number of over 50’s in Britain are setting up their own SME’s according to an article on the Small Business UK website.

Marketing and research officer Ian Stobie of Enterprise company Prime, says that there are two different types of older entrepreneur going into business. The first group are looking at starting a business because they need to, they need an income and have no other resources. The second group of older people are starting a business as something that they have always wanted to do, and now have the time and probably finance to set something up.

The report concludes that Men are most likely to be setting up business in the financial and business service sector, and perhaps surprisingly, construction. While Women tend to favour businesses related to health and social care, and manufacturing activities.