New research from Direct Line for Business (DL4B) reveals that nearly two thirds of mums (65%) with children under the age of ten are considering starting a business from home in the next three years. One in five mums with children under 10 years of age would consider starting a business from home to spend more time with their children.
A sixth 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 £11,700 for two children, it is understandable that almost half of the mothers surveyed believe that they would be better off financially, if they started a business from home.
One in seven mums are motivated to start a business from home by the flexibility of being their own boss, while one in eight 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.