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Half of all adults in the UK have considered starting their own business, according to new research.
A survey commissioned by EO London, the UK branch of the Entrepreneurs Organisation, has found that 55 per cent of men and 45 per cent of women have entrepreneurial aspirations.
London has the biggest proportion of those considering embarking on a business start-up, at some 55 per cent. Those in the north of the UK were the least likely to take the plunge, with 44 per cent considering starting their own business.
William Berry, communications chair for EO London, said: "These results are extremely encouraging, proving that there is a wealth of entrepreneurial drive in the UK, just waiting to be harnessed."
The evidence also suggests that younger adults are more inclined to head up a company formation than older people.
Some 60 per cent of 25 to 34-year olds questioned had considered this course of action, compared to 42 per cent of those aged 55 and over.
Some of the most common mistakes business start-ups make are poor market research, weak financial planning, the setting of unrealistic goals, failing to keep an eye on the competition and the hiring of unsuitable employees.
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