July 16, 2010

Britain: A nation of wannabe online shopkeepers?

by Darren Allan

A survey of 1,100 UK office workers conducted by PayPoint.net has revealed that over 50% of those questioned have considered starting their own business.

62% said they would start their own business up if the process was easier, but initial start-up costs and administrative demands were among the major concerns that put people off.

A similar amount of folks, 64%, thought that running their own business would be more fulfilling than their current occupation, which wasn’t surprising given some of the feedback PayPoint.net unearthed regarding those jobs.

16% of respondents admitted they spent over two hours every week waiting for their computer to boot up or shut down. Sounds like one in six people need a new PC, or a lesson in defragging, to us.

Other less than fulfilling tasks included waiting by the printer or photocopier (roughly a quarter spent over an hour a week engaged thusly), and scheduling meetings (44% spent up to an hour doing that).

When it comes to the type of business potential entrepreneurs would like to start, an online affair proved the most popular with 34%, edging out service and consultancy which accounted for 28%. The least popular option was construction, which only managed 2%.

Michael Norton, Managing Director of PayPoint.net, commented: “Considering the tough economic climate of the past two years, it’s fantastic to see such a strong sense of entrepreneurialism in the UK.”

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