Finance · 29 August 2018

Is money essential when starting a business? 1 million millennials don’t think so

Millennial entrepreneurs urged to consider how long-term saving and investing can help realise their ambitions
Ahead of Small Business Advice Week 2018, The Millennial Money Survey, has found 30% of UK millennials (4.6m people) aspire to start their own business.However, over a quarter of this group believe that money won’t be “essential? to do it.

The study, of over 4, 000 people aged 18 to 35, found that 14% of UK millennials aspire to start a business in the next five years, and this rises to 18% for those who want to start-up in the next decade.



Carly Hacon is a reporter for Business Advice. She has a BA in journalism from Kingston University, and has previously worked as a features editor for a local newspaper.