A record-breaking 526,446 businesses were set up in
Britain in 2013, according to figures from StartUp Britain, a
campaign to boost entrepreneurship – far outstripping the
484,224 businesses recorded in 2012 and 440,600 in
2011.
Standing out from the crowd
Anyone starting a new business should be applauded. Let's
face it, it's no walk in the park – particularly not in
the early years – and for the majority of entrepreneurs the
odds are heavily stacked against them.
Yet as we're all well aware, small businesses are the engine
of the UK economy. They employ more people than any other type of
organisation – around 14.4m, according to recent figures from
the Federation of Small Businesses – with high-growth
businesses generating the majority of jobs and having the most
profound impact on the economy.
