As Britain booms with parents starting business, some of our Start Up Loans mumpreneurs shine a light on this impressive movement of women transforming their lives – and the UK economy – with unique, commercially savvy businesses.
Our British Business Dreamers survey found that three quarters of British parents have actually considered starting a business. There are five elements that make starting a business an attractive proposition.
- Increased flexibility
- Opportunity to be their own boss
- Potential earnings
- Pursuing a hobby
- Sense of self achievement.
Start Up Loans has backed many parents wanting finance and mentoring to get a business going. Some even got their business ideas from their children, such as Shortcuts Salon founder David O’Neal, who started his children’s hairdressing business after struggling to keep his own boys entertained when cutting their hair.
We got five business owning mums together to discuss how they started a business, the challenges they faced, and what owning a business has meant when it comes to balancing work and life with children.