After six years of recession the tide is turning and everyone is more optimistic. Businesses are starting to thrive again. But when it’s not ‘business as usual’, how does a recession affect the rate of starting up new businesses? It’s a positive effect: one factor being that people who have lost their jobs decide to start their own companies rather than looking for a new place of work.
You can see in the infographic below that in the majority of the 15 countries covered by OECD’s Entrepreneurship at a Glance study, there were more enterprises founded after 2007 than in that year.
Here’s to entrepreneurship and the continued success of these new enterprises!
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The Old Bakery, 90 Camden Road
Tunbridge Wells TN1 2QP
The Old Bakery, 90 Camden Road
Tunbridge Wells TN1 2QP
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