You can form a company at any time. But, as we progress well into the summer months, we thought we’d explore why summer is a particularly good time to form a business. If you have the entrepreneurial spirit within you – it’s an ideal time to start trading.
When you form your company with us you will find that it’s a very simple process – but what are the main reasons why so many people form a company in the summer? Last summer (June, July and August) 140k companies were formed. This is a time of year when other businesses may see a slow down with people going on holiday… (maybe not ice cream vendors and suntan lotion suppliers).
So why is summer such a good time for so many people to start a new business? We will now explore the reason behind this. Let’s answer the question – why does summer make sense for startups?
The UK is renowned for its weather – not necessarily in a good way, but renowned nonetheless – and this often plays a role in how people feel. This is not just true of company formation – but general behaviour too.
We’re a nation that is obsessed by weather – with many people flocking to the coasts or otherwise spending a lot of time outdoors when the sun is out. Or even when it’s not. The mentality is a “make the most of it” approach – and you certainly should make the most of the weather.
But it’s not just the weather that gets this approach – it’s life in general. Wannabe business owners can feel inspired and take the plunge. So, whilst you’re making the most of the weather in the evenings and weekends you can make the most of your working life and give yourself the opportunity to enjoy the weather on your own terms as your own boss by forming a company.
Many parents have a desire to form their own business, or generate an additional income from a home business, and one of the best times to do that is when you’re at home with the kids during the summer. The ordinary stresses of the school run, homework and sports days aren’t there during the summer holidays – so it’s a good time to focus on other areas.
But why would a parent want their children around whilst they flesh out their business ideas? Well Kate Taylor, staff writer for Entrepreneur.com, looked at several entrepreneurs with children and found “starting a business was a means of creating a better life for their kids; for others, the kids themselves inspired the business idea”.
Kids are like little muses – so having them around during the summer break is a key reason why it’s a great time to form a business. Taylor quoted founder of New Orleans based retailer Fleurty Girl in her article as saying “You have to make family a part of your business… I’ve always considered my kids to be my board of directors” and advised parents with business ambitions to “Make them a part of that journey”.
Time for Big Thinking – Blue Sky Thinking
When the summer is here – it’s often a period of reflection. Maybe it’s the longer days or the fact that you’re much more likely to be outdoors during summer – but the additional activity is clearly a very good way to gain a few insights and reflect.
This kind of big thinking is also conducive to thinking outside the box – which is a great way to come up with an original idea. There are many people with an okay idea – but a great idea requires a special kind of approach. The summer provides a period of reflection that makes ideas flow much more freely.
There are many reasons why summer is so conducive to new ideas – one of which is holidays. Many people take a trip during the summer – which is a time of rest, relaxation and changing the way you think. Travel broadens the mind. In such a different environment, it’s easy to see how big ideas are much more achievable.
As part of the celebration of a summer startup extravaganza we’ve reduced the prices on our packages. We offer wide range of company registration packages to choose from, depending on your business needs.
The Ultimate Package gives you everything you need to hit the ground running and grow, with virtual office mail forwarding and VAT registration with HMRC included – so you have all you need to make that business idea a reality. The Ultimate Package is now just £149.99 – which is fantastic value.
Another great discount we’re providing for entrepreneurs this summer is for the Comprehensive Package, which is now priced at just £79.99 and gives you all you need to start trading immediately. So that’s another reason why summer is a great time to form a company – our discounts make taking the plunge into your own business even easier.
Summer StartUps MadeSimple
Summer holidays are a great time plan for the future or mull over that business idea, and we want to make it as easy as possible to make that dream a reality. So, when you register a company – just remember that you’re in good company with many other entrepreneurs getting into the StartUp Summer spirit.
Don’t forget to check out the rest our blog for more, especially the ‘Company Formation News’ section.
Click to access Incorporated-Companies-in-the-United-Kingdom-June-2014.pdf
Click to access Incorporated-Companies-in-the-United-Kingdom-July-2014.pdf
Click to access Incorporated-Companies-in-the-United-Kingdom-August-2014.pdf
By Alex Novakovic at MadeSimple – Follow Alex on Google+