‘Retail is leading choice for aspiring entrepreneurs’

Retail sector is the most appealing industry to enter for aspiring business owners, closely followed by health and wellness, states a recent survey.

The result emerged in a recent survey by Solopress that analysed the reasons currently stopping Brits from taking the leap into starting their dream business, as well as what would encourage people to start their entrepreneurial journey more and which industries are the most popular for aspiring business owners to enter.

According to Solopress’s survey, for 74 per cent of Brits who don’t already own a business, pursuing their dream of becoming an entrepreneur remains an ambition.

Two similar sectors, health and wellness, and food and beverages, closely follow retail as the most popular industries for dreaming entrepreneurs to start their venture in. The survey reveals that finance alongside manufacturing and production are the least popular industries for budding business owners.

 Cardiff, London, Glasgow and Belfast are cited as the cities with most aspiring entrepreneurs. A staggering 83.5 per cent of all Cardiffians would like to open a business in the future

Solopress’s head of marketing, Glen Eckett, says: “A larger budget can not only increase a new business owner’s options but also alleviate a proportion of the stress experienced when first entering the entrepreneurial world.”

Interestingly, people aged between 35 and 44 are the most likely to set up their businesses with the greatest emphasis on environmental sustainability.