The Federation of Small Businesses has recently predicted that over 300,000 new small firms will be set up over the next year.
Many of these will be people leaving corporate companies to go it alone as a freelancer, some by choice, others by necessity. It’s further evidence that for many people freelancing is the way forward.
An article in The Argus, the local newspaper for freelancing hub Brighton & Hove, detailed how 84% of jobs recently created in the Sussex economy had come courtesy of small businesses. So, with more start-ups apparently on the way, it represents positive news for the South Coast economy.
Darren Fell, founder of online accountancy Crunch.co.uk, supports the theory of a freelancing boom:
“More people are moving away from corporate companies to do their own thing. This has been partially encouraged by those with a new found interest to become an entrepreneur. They do not want to grow a massive business but become a micro-entrepreneur or freelancer,” he said.
“We have IT contractors who live in Brighton but freelance in London, graphic designers and locum physiotherapists who all work for themselves. We have seen a massive surge in small business growth.
Darren adds: “There is a complete shift by corporate companies who are more likely to use freelancers than agencies.”
Image by Marcel Germain