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Personal fulfilment and freedom driving new wave of aspiring entrepreneurs
A new wave of aspiring entrepreneurs across the UK are prioritising wellness and personal fulfilment over traditional financial goals .
These are among the key findings of recent research , commissioned by the AI-driven business planning enterprise , Venture Planner , which polled the views of 2,000 people across the UK , who had previously considered starting their own business , either on their own or in partnership with others .
Venture Planner ’ s research revealed that more than a third ( 36 %) of the UK ’ s prospective business owners rank ‘ the freedom to be their own boss ’ among factors motivating them to become an entrepreneur , surpassing even the desire for financial independence or wealth , which was referenced by 31 %.
In addition , over a quarter ( 26 %) of prospective entrepreneurs referenced ‘ the chance to work on my passion ; every day ’ as one of the core factors driving their entrepreneurship , while 20 % pointed to personal growth and self-improvement .
Sage and Virgin StartUp announce partnership to empower UK entrepreneurs
Sage , a global leader in accounting , financial , HR and payroll technology for smalland mid-sized businesses ( SMBs ), has announced a new partnership with Virgin StartUp , Virgin ’ s not-for-profit company dedicated to helping UK founders start-up and thrive .
As the exclusive small business accounting partner , Sage will provide essential accounting tools and expertise to help UK founders make the best possible start in business .
The partnership will support all founders and entrepreneurs accessing support through Virgin StartUp . This includes applying for Start Up Loans , joining the new digital Virgin StartUp Community and participating in Virgin StartUp programmes . They are dedicated to empowering everyone , from those testing business ideas and launching into self-employment to those looking to grow and scale their start-up business to its full potential .
Sage and Virgin StartUp understand that timely support can turn the challenges faced by founders into new opportunities .
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Husky and Swoop partner to transform the value of workplace pensions to SMEs |
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Husky Finance is excited to announce an innovative partnership with Swoop Funding that is set to transform how SMEs across the UK manage their workplace pensions , payroll and salary exchange ( SE ) services . This innovative collaboration simplifies complex pension enrolment and streamlines payroll processes , making it easier than ever for businesses to introduce salary exchange options through a single , integrated platform . |
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Ensuring compliance with auto-enrolment regulations is crucial for businesses . Noncompliance can result in significant fines and impact future due diligence and credit checks , with company directors also facing the risk of criminal charges under new regulations . The Pensions Regulator issues over 5,000 compliance notices each month , accompanied by substantial fines . Husky ’ s solutions are designed to mitigate these risks by providing reliable , automated support to ensure businesses remain compliant with legal requirements . |
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In addition , by utilising salary exchange , businesses can benefit from reduced National Insurance contributions . |
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