It seems that more people than ever are starting up new business ventures in Essex! According to recent figures 16,147 new companies were formed across the county last year, 332 more than in 2014, and there is now a record number of firms in Essex, a whopping 107,891!
The spirit of entrepreneurship is said to be very firmly rooted in our culture, but until recently major cities, particularly London have been the place for start-ups to seek the support they need for success. The recent figures published however have shown the growth in Essex based business has actually been seen across the UK, which shows that the country as a whole is helping to nurture new businesses.
So – what could be behind the increase?
Well, advances in technology has made it easier than ever to form a company, and many “one man bands” and small companies run from a home office feel confident enough to handle admin and accounts themselves using basic Office software on their home computer.
And what could help these new businesses succeed?
Outsourcing admin, bookkeeping, accounts and phone calls to a virtual office provider. YVO have many clients who have come on board when the opportunity for growth was limited by time spent on business admin. By handing over calls and accounts to us, they were able to free up time to attract more business, take on more staff and make more money!
If you own one of the 107,891 companies currently operating in Essex, why not give us a call – we could help you free up time with cost-effective outsourcing, enabling you to take your business to the next level! Call 01268 411 269 for more info.