As the ONS reports a rise in the number of incorporations in 2023 our Chief Executive, Ed Rimmer, explores the newfound appetite from entrepreneurs and shares his thoughts on why the ‘side hustle’ culture is here to stay.
We often look to the number of businesses as a barometer for a healthy economy; it tells a story of entrepreneurial confidence in the market, innovation and ambition, and optimism in the economy. Entrepreneurial confidence has taken a few knocks throughout the turbulence of the past few years and start-ups unsurprisingly dropped as a result. Now, new figures from the ONS suggest that the tide is turning, and that 2023 was the year that entrepreneurs saw opportunity once again for their start ups to grow.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans. Time Finance can fund businesses or arrange funding with their trusted partners through Asset Finance, Invoice Finance, Business Loans, Vehicle Finance or Asset Based Lending.