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Online accountants could find more opportunities this year

Online accountants could find more opportunities this year

Online accountants could find themselves in more demand following the news that the number of small businesses in the UK is increasing.

Creditsafe, the intelligence supplier, recently published data showing that the number of start-ups more than compensated for the increase in insolvencies last year.

The organisation’s figures show that 470,000 new businesses started up in 2011 and even after taking insolvencies into account, business numbers rose by 455,000. Creditsafe believes that if the trend continues this year, 2012 will be the year of the start-up.

Creditsafe’s business development director, David Knowles, pointed out that although 2011 was a difficult year, the Great British entrepreneurial spirit is alive and kicking. Despite a higher number of companies going insolvent, the number of new firms has increased steadily over the past two years and growth in the business population actually accelerated last year.

John Walker, the national chairman of the FSB is also confident that 2012 will be a good year for small businesses. The Queen’s Diamond Jubilee and the Olympic Games put the UK very much at the centre of the global stage this year and these events could provide golden opportunities for the small business community to expand.

He explained that a lot of small firms want to grow and innovate this year and the Olympics and the Jubilee will not only boost people’s spirits but also provide opportunities for expansion and diversification. In addition, exports reached record levels last year and small businesses may be able to develop further into vibrant Asian markets.

© 2012 All rights reserved. Reproduction in whole or in part without permission is prohibited.

Image: New MacBook Air by mendhak

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