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News - 31 July 2010
Retailing the dream job (Velvet on ITV Local)

Britain a Nation of Wannabe Shopkeepers

A new survey of office workers has found that half of them would like to run their own business. So what is stopping them?

According to one Briton in two is a frustrated entrepreneur, and has considered starting a business.

But it seems start-up costs and administrative demands, among other concerns, have conspired to dampen their ambitions.

The survey also reveals that 62% of respondents would start their own business if the task were easier.

Two-thirds of the nation's office workers (64%) believe running their own business would be more fulfilling than their current job. They feel that much time is wasted on mundane activities. Sixteen per cent of those surveyed admitted to spending over two hours each week waiting for their computer to start up or close down.

Just under half (44%) spend up to an hour scheduling meetings, let alone attending them. Office workers also waste a sizeable proportion of their working week waiting by the printer and photocopying documents, with 21% and 28% spending over an hour a week on these tasks respectively.

Online businesses are the most popular avenue for Britain's would-be entrepreneurs, voiced by one-third of respondents (34%) as the kind of business they'd like to own. Service and consultancy was the second most popular option (28%) with more traditional 'bricks and mortar' retail (7%) and construction (2%) the least popular choices.

But are they deluding themselves? If they were to talk to retailers who have managed to overcome the start up costs and administrative headaches and set up a shop online or off they would find that it requires attention to be given to all those boring tasks that they are running away from and more. It also requires a huge on-going risk to be taken with investment in property, stock and staff. But maybe in the end it is more satisfying.

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