Home businesses looking to scale could generate an additional £3.3 billion in profits for the UK economy if they grow beyond the home, according to a new study from Vonage, in partnership with the Centre for Economics and Business Research (Cebr) and YouGov.
Nearly a fifth (18%) of businesses, equivalent to 470,000 companies, are keen to move into commercial premises. The research shows that relocating could generate £3.3 billion in additional profits, £15.4 billion in turnover and create 670,000 new jobs.
Taking place in Central London on 20 November, The Great British Entrepreneur Scale-Up Conference is a one-day event designed to help entrepreneurs, founders and business owners take the next step in their journey; scaling their business.
Working in association with Coutts, NatWest and RBS, the Conference draws on the real-life experiences of entrepreneurs and experts who have navigated the transition from start-up to scale-up and have increased their size, reach and revenues exponentially, while also carefully managing their cost of doing business.
For a limited time only, Fresh Business Thinking readers can purchase their tickets for just £95+VAT using the discount code ‘FBTSCALE‘– that’s a £300 saving!
You can find more information about the agenda, and book your tickets, here.