The home business sector has grown rapidly in recent years and the pace shows no sign of slowing. With added support and advice for home business owners, there is no reason why home businesses cannot play an ever-growing role in the UK economy of tomorrow.

8th December 2016

By Home Business 100

home-business owners are perennial multi-taskers

While home-business owners are perennial multi-taskers, seemingly managing the work of several people, many highlighted the limitations of trying to do everything alone, and the importance of building a strong network. “Networking is a non-negotiable for any business but even more so when you run one from home,” says Ali Golds. “Getting out and about, and meeting other business owners on a regular basis, not only helps put challenges into perspective but also offers a heads-up for potential sales, partnership and collaborative opportunities.”

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Many would like better mentoring and support to be available. “It would have been unbelievably valuable to me when I was first starting out to have had a mentor, or someone to help me tap into a community of business owners,” says Jo Hockley of Toddlebike. “I think we work well when we work together, and you don’t naturally get that when you are a home business.”

we work well when we work together

Flourishing People’s Jacqui Burke believes that more investment needs to be made in shared spaces for home business owners. “The biggest thing we need in my local area is meeting-places where people who are running home based businesses can come together and spend time with other home-based businesses, where we can access particular services or talk to other home businesses about how to resolve a problem.”

Achieving this may, she believes, require a shift in approach from local government towards home businesses. “Our local councils provide quite a lot of business support, but they are only aware of the businesses paying business rates. So when they do consultations about what small businesses in our area need, they fail to talk to home businesses. We’re just not on their radar: they don’t know how to access us, or even that we exist.”

The home business sector has grown rapidly in recent years and the pace shows no sign of slowing. If a supportive environment can be nurtured, with facilities and advice that help home business owners to start up and sustain their enterprises, there is no reason why home businesses cannot play an ever-growing role in the UK economy of tomorrow.

Top tip:
Networking is a non-negotiable for any home business

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