OUR BUSINESS BLOG

Tags >> Recession


By Emily Thomson
A shortage of jobs for graduates combined with a growing entrepreneurial culture is helping to create a new generation of 'go-getters' willing and eager to go into business, claims new research.
Almost a third of UK students claim the difficulty in getting a job after leaving university has prompted them to consider seriously the idea of working for themselves.

New research found that almost a quarter of students (23 per cent) are either already running or about to launch their own enterprise before they even leave full-time education.
A survey of students graduating in 2010 and 2011 has revealed a strong entrepreneurial spirit with almost one third (32%) claiming already to have a business idea and making plans to become entrepreneurs in the near future.


In these times of difficult finance one option for businesses is to factor the book debt they carry on their sales (accounts receivable) ledger.

It is a perfectly legitimate way in which to raise cash, and it can be appropriate to businesses at the time and under certain circumstances; it is not necessarily the best.