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GROWTH SECTORS FOR START-UPS REVEALED IN NEW STUDY

IT and telecoms is going to be the biggest growth sector for those wanting to start a business over the next five years, according to a survey of 100 UK entrepreneurs by Youth Business International, which marked the launch of Global Entrepreneurship Week 2012 in November.

Social enterprise, creative industries and the green economy also present viable opportunities for budding business owners, the study revealed.

When asked where the main opportunities for UK start-ups will lie between now and 2017, entrepreneurs identified local, regional and global markets as having better prospects than national and European ones.

In addition, 48 per cent of respondents predicted the enterprise environment will improve in the next two years, while just two per cent forecast any further decline.

 

 

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ChipsAway International Ltd logo

Start your own ChipsAway International Ltd franchise

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Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

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Expected Revenue After 2 Years

N/A

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ChipsAway International Ltd logo

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TruGreen logo

Start your own TruGreen franchise

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Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

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N/A

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TruGreen logo

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Nathan’s Famous logo

Start your own Nathan’s Famous franchise

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Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

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N/A

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Nathan’s Famous logo

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Molly Maid UK logo

Start your own Molly Maid UK franchise

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Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

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Expected Revenue After 2 Years

£115,000

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Snap-on Tools logo

Start your own Snap-on Tools franchise

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Funding Support Available ? Help is available. Check out our franchising funds guide.

Yes

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Expected Revenue After 2 Years

N/A

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