- Two thirds of mums (65 per cent) with children under ten years of age are considering starting a business from home in the next three years
- One in six (16 per cent)are motivated by the childcare costs attached to traditional nine-to-five jobs
- Nearly half of mums (49 per cent) believe that they would be financially better off if they started a business from home
New research from Direct Line for Business (DL4B) 
reveals that nearly two thirds of mums (65 per cent)1 with children under the age of ten are considering starting a business from home in the next three years. One in five (20 per cent) mums with children under ten years of age would consider starting a business from home to spend more time with their children.
A sixth (16 per cent) of mothers are doing so because of the prohibitive childcare costs associated with working a traditional nine-to-five job. With recent figures putting full-time annual childcare costs at £11,7002 for two children, it is understandable that almost half of the mothers (49 per cent) surveyed believe that they would be better off financially, if they started a business from home.
One in seven mums (14 per cent) are motivated to start a business from home by the flexibility of being their own boss, while one in eight (12 per cent) have always had the ambition to start their own business. Only one per cent is motivated by the fact that they do not like their current job.
UK mums’ top 5 reasons for starting a business from home
|
1 |
Allow me to spend more time with my children |
20% |
|
2 |
Cost of child care if I worked away from home |
16% |
|
3 |
Flexibility of being my own boss |
14% |
|
4 |
Lifelong ambition to start my own business |
12% |
|
5 |
Don’t/didn’t like my current job |
1% |
Source: Direct Line for Business
What do you think?