Planning a home business? Why you’re in good company

If you’re thinking about starting a home-based business you’re not alone. In fact, according to recent research, you’re in very good company.

A new survey by Direct Line for Business discovered that nearly two thirds of mums with children under the age of ten are considering starting a business from home in the next three years.

Who so many mums are wannabe entrepreneurs

The reasons why so many of us are toying with the idea of becoming home entrepreneurs probably won’t surprise you. 20% of mums with children under ten years of age would think about starting a home-based business so they can spend more time with their children, while another 16% are driven to considering it because of the prohibitive cost of childcare.

In fact, a massive 49% of the mums surveyed said they believed they’d be better off financially, if they started a business from home.

14% of mums are attracted by the flexibility of being their own boss, while 12% say they have always wanted to own their own business. Just 1% of the mums who participated in the research say they are motivated by the fact that they don’t like their current job.         

Speaking about the results of the survey, Jazz Gakhal, Head of Direct Line for Business said:

“The costs of sending a child to day care, or hiring a nanny continue to spiral. It’s great to see that mums are tackling this problem with such an entrepreneurial spirit, as they understand considerable child care cost savings can be made by running a business from home.”

Dreaming of starting your own business? We can help

If you’re one of the 65% of mums who dream of starting their own business, you can find plenty of inspiration and advice around our site. Read interviews with mums who have followed their dreams in our real life stories, and get practical advice on starting a business in our help section.

Not sure a home business is for you? Find out more about finding rewarding flexible job, or using your skills and experience to launch a successful career as a freelancer.