Originally written by Timothy Adler on Small Business
One in five UK adults say they want to start a business in 2021.
That figure rises to over one third (34 per cent) of 18 to 34-year-olds.
And one in 10 of those surveyed said they already were already actively planning for their start-up this year.
Even more excitingly, only 6 per cent said it was because they had become unemployed, rising to 8 per cent because of furlough. More than one third (37 per cent) said it was because they had always wanted to start a business.
>See also: Checklist for going self-employed – a Small Business guide
More than half of those expecting to start their new business sometime in 2021 say they see it as being as a side-hustle.
As for what kind of start-up people want to launch, health and wellbeing was the top category (11 per cent) followed by manufacturing (10 per cent), tech (10 per cent) and business services (10 per cent)
However, manufacturing was the overwhelming number one category in the industrial West Midlands, which was the area where people were most likely to go into business for themselves.
But 12 per cent of all those surveyed said they needed more information and