January is the month to start a business
Time to pursue your business idea? Brits are 10% more likely to start up in January with 10,000 new business websites to be launched this week...
Are you looking to start a business this month?
You’re in good company, according to new research which suggests Britons are up to 10% more likely to start a business in January than at any other time of the year.
New data from 123Reg shows a spike in the number of new UK business websites registered in January each year; growing at 20% annually.
Based on this growth rate, the domain registrar predicts that approximately 10,000 new business websites will launch this week – the highest number on record.
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Nick Leech, 123Reg digital director, commented:
“Every year we see excitement about starting new businesses in January. […] We know that many [of our customers] use the holiday break from corporate life to think of exciting new business ideas and fulfil their dreams of starting out on their own.
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“This is especially true at times of economic uncertainty when people start new businesses either as a side project in case of a downturn at work or as a necessity to cover gaps in employment. For example after the 2008 downturn – the UK saw more than 40,000 more domains registered by British entrepreneurs during January 2009 than January 2005”.
Is it your New Year’s Resolution to start a business in 2017? Take a look at the seven things you need to do first.