The UK is full of ambitious and innovative individuals and I believe now is the time to encourage those characteristics and promote entrepreneurship as a viable career choice. SME's will be the economic driving force in the UK.
London, UK (PRWEB) April 17, 2013
George Osborne delivered his fourth budget against a backdrop of slow growth and higher borrowing. 48 per cent of entrepreneurs in the UK predict that the economy will improve over the coming two years and many view starting a business a viable career move.
Entrepreneur Josh Cote promotes Entrepreneurship as a lifestyle which allows individuals to take control of their future and create a better way of life. ‘I am very optimistic about the opportunity entrepreneurship can provide people and strongly believe is has a positive impact on the British economy,’ claims Josh Cote, Entrepreneur and owner of London-based Outsourced Sales firm EA Worldwide Acquisitions Ltd.
Following the Chancellors 2013 Budget announcement, in a speech made to the British Chamber of Commerce by Labour Party politician Ed Miliband, he stated, ‘Jobs in the future are not going to come from a small number of large firms, but a large number of small firms’.
Josh Cote said, ‘I couldn't agree more with this statement. Personally, as well as through my business EA Worldwide Acquisitions, I am dedicated to fostering greater education of entrepreneurship, business development and wish to develop opportunities for individual development and growth which I believe will contribute to the recovery of Britain’s Economy.’
More Info: http://www.joshcoteentrepreneur.com/
Findings from Youth Business International, a global network of independent non-profit initiatives helping young people to start and grow their own business supports both Ed Miliband and Chancellor George Osborne's comments. Their findings in a recent study reveal that, of the 100 UK entrepreneurs questioned, some 35 per cent rate the current operating environment for their particular businesses as good or very good. When quizzed on prospects for the next five years, 74 per cent expect to see the number of business being set up increase. Only 9 per cent forecast a decline in the number of start-ups getting off the ground.
Further findings from the research report shows that entrepreneurs predict that the main developments that will allow them to grow their businesses over the next five years will be an increased ability to access funding from 'multiple sources' or collaboratively.
Half of the survey's respondents view starting a business as a more viable career choice for young people than entering the traditional job market. This figure climbs to 70 per cent when moved on five years. ‘The UK is full of ambitious and innovative individuals and I believe now is the time to encourage those characteristics and promote entrepreneurship as a viable career choice. Small and Medium sized Enterprises will be the economic driving force in the UK over the next few years,’ adds Josh Cote.
All start-ups surveyed as part of the report were two or more years old and employ five or more people.