New research has found that 1.7 million British citizens plan to start their own business, going from the usual 9-5 hours to 5-9.
The majority (68%) of those starting up a business in their spare time are willing to put in an extra 8 hours per week outside of their normal working hours to get their business off the ground.
The research, conducted to launch the 5th Nectar Business Small Business Awards, found that 47% of Brits wanting to start their own business said they would do so to make their own money. A further 46% said they wanted to be their own boss, and 26% said they would start their own business for more of a challenge.
The most likely ‘5 to 9’er is female, between 35-44 years old, and in the South East or London
The number of women looking to become entrepreneurs has risen by 8% in the past five years, with 59% of women reporting entrepreneurial ambitions.