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A new survey has revealed that nearly a third of UK workers have either started their own business or are considering doing so in 2023.

According to the ATT report, this figure increases to 64% for the UK’s Generation Z (16-25 years old) workers. Being their own boss and quitting to start a business is top of the agenda for those in this age category.

Of the Gen Z workers surveyed, 20% said that they want to start their own business so that they have something of their own, while 16% said that it was because they wanted to be their own boss.

Interestingly, although 19% of Brits felt that owning their own business was the only way for career progression, nine per cent admit to being put off by the tax and accounting side of things. However, 20% don’t think accountancy skills are important to start up a business.

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Rob Alder, Head of Business Development at AAT, said, “The pandemic has proven to be a powerful catalyst for people to reassess their work lives, and our research shows that 2023 could be the year for many Brits to take the plunge to be their own boss.

“British workers are exploring the best way to take control of what they earn. However, to make sure the Great Resignation becomes the Great Rejuvenation, it’s critical that people understand their skills and strengths if they want to succeed.”

To find out more about contracting please contact Mahli on 01206 591 000 or email mahli.tugby@contractorumbrella.com.

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