EPR Small Business News

UK entrepreneurs praised by Prime Minister David Cameron

Last week, Prime Minister David Cameron praised UK entrepreneurs for being brave enough to follow their dreams in becoming freelance workers.

At a speech in Central London, David Cameron spoke of responsible capitalism, criticising the former Labour government for making a Faustian pact with the city. He went on to speak of how he admired “the bravery of those who turn their back on the security of a regular wage to follow their dreams and start a company”, adding that he believed the UK was “fizzing with business potential”.

“When people take risks, with their own ideas, energy and money, when they succeed in a competitive market where anyone can come and knock them off their perch at any time, we should celebrate entrepreneurs,” he said.

Figures released yesterday by the Office for National Statistics revealed an increase in the number of people prepared to start their own business and become entrepreneurs, while also showing a figure of over 100,000 people registered as independent workers in the three months to November 2011, taking the total number of self-employed workers in the UK to 4.2 million.

The determination of entrepreneurs to start up their own companies has provided a welcome boost to the economy during this challenging economic environment. In addition to the new business entrepreneurs, an increasing number of self employed freelancers have emerged from wide spread redundancies, helping to combat unemployment figures. With many unemployed skilled individuals choosing to work in the freelance market, small businesses have been able to benefit as they can easily access a diverse talent pool of freelance workers capable of providing the necessary skills and service to help successfully launch their business.

Research carried out by the Federation of Small Businesses (FSB) found that 27% of start up companies struggle to find staff, with there being a particular problem with school leavers who fail to have basic qualifications in literacy and numeracy. This, of course, presents problems for businesses, as candidates applying for jobs are simply not employable – which is where outsourcing to freelancers has proved useful.

OutsourceMyProject is an example of a freelance outsourcing website that offers such a service. It provides a platform where entrepreneurs can advertise their requirements and gain access to skilled freelance labour at competitive prices.

OutsourceMyProject is also popular as a result of opening up the global marketplace for professional services across a wide range of sectors, and therefore helping businesses and self-employed individuals to decrease their costs significantly by outsourcing. These savings are made possible by outsourcing work to low cost economies with a highly talented skill base (e.g. India for IT services and back office support).

Through OutsourceMyProject, there is complete freedom and flexibility for entrepreneurs to appoint their preferred professional and work on agreed terms to suit both parties. Connecting not only entrepreneurs and professionals from around the globe, but also providing a payment platform, associated project management facility and messaging system, OutsourceMyProject prides itself on open and clear communications.

Via EPR Network
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