• Twenty-one per cent of Thinkers will start • Five per cent of these are Thinkers and
Doers who would not have wanted to start businesses where the majority of sales will
a business had it not been for the training. derive from over the internet. Forty-two per
cent will have no internet sales at all.
• By English region, those in London
continue to be the most entrepreneurial, • Just one in twenty Thinkers have tried to
whilst those in the North East are the least. obtain finance already, significantly down
However, in comparison to previous on the 2005 proportion.
surveys the numbers of Avoiders in the
North East are falling, as is also the case in
the East Midlands.
Doers
Thinkers
• Whilst the majority of Thinkers think they
will start a business rather than merely
becoming self-employed, almost two-thirds
of Doers are self-employed. • Half of Thinkers say they will start their
businesses in the next two years. This is
significantly less than the equivalent
• The overall increase in the proportion of
proportion seen in 2005, suggesting
Doers is mainly driven by the increase in
Thinkers are waiting longer before they
the proportion of self-employed people,
start their businesses. This is particularly
particularly those aqed 35-44 and male. In
so among those planning to become
terms of how they became Doers, more
self-employed.
people this year say they became partners
in businesses they had not previously
worked for. • Nearly a third of Thinkers want to start a
business or become self-employed
because they have no better choices to
work, at least in part. Unsurprisingly this is
Avoiders and barriers to
most likely to be the case among the
entrepreneurship
unemployed.
• Avoiders cite more barriers to their starting
• Fewer Thinkers have made preparations
a business than was the case in 2005. The
for starting a business than was the case in
main barriers are the fear of getting in to
2005. This can be generally attributed to
debt, losing the security from a current job,
the fact that they intend to engage in
the chance that the business might fail, and
enterprise further in the future than was the
getting finance for the business.
case before. Thinkers in 2007 are also less
certain than before about how they might
• Women mention more barriers than men.
acquire their business.
In particular they are likely to cite the
amount of time involved in starting a
• Although nearly half of all Thinkers intend
business, and its effect on domestic
to start a business in the service sector, the
responsibilities and family life. This is most
proportion is much less than it was in 2005.
likely to be mentioned as a barrier by
The primary and construction sectors are
women with children.
now more popular than previously. It is also
the case that working from home is
• The main factor that could potentially
significantly more popular than previously.
encourage Avoiders to start a business
would be access to finance. null
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