Company Formation appealing to more youngsters

A recent report conducted by Simply Business concluded that the number of students planning on starting a business as soon as the leave university had increased by over fifty per cent in two years. Over twenty per cent of those interested in company formation were planning to set up an IT company.

Ian Haines, spokesperson for Simply Business, said; “The job market has suffered extensively throughout the recession, therefore it is extremely positive to think that the next generation are considering enterprise. It also shows how important it is for the government to continue to support existing small businesses and emerging entrepreneurs."