By Daniel Hunter

2015 will be the year of the 'Fampreneur', according to new research, which suggests 62% of budding entrepreneurs who plan to go into business with a family member will start their journey this year.

The survey by, found that most 'fampreneurs' are groups of two or three family members including spouses, siblings and in-laws who are taking a very considered and calculated step with a clear idea of budget and in most cases a strong skillset suited to the venture in question.

In addition a high proportion (75.4%) are willing or keen to relocate to enjoy the change in lifestyle they crave.

Rufus Bazley, Marketing Director at, said: “We expect more families put the monopoly board to one side last Christmas and put together their own business plans for 2015 instead.

“This new breed of entrepreneur, the fampreneur, is not a third generation inheritor of an established bloodline business. It’s someone who sees a new opportunity and recognises that the skills, trust and finance he or she shares with one or more relatives means their exposure to risk is reduced while the potential for success is far greater than going it alone.”

“Doubtless the zeitgeist of the age of the entrepreneur has been tempered in recent economic times and the notion that family members can pool resources in this way makes business ownership more accessible to all.”

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