Small businesses are at the forefront of our economy, making up 95% of all companies and they have been vital to overcoming the financial crisis. But the research, founded by the national enterprise campaign, again highlights the importance of the start-up industry and the current boom it's experiencing.
StartUp Britain, a government supported initiative, released the statistics. In 2011, 440,600 businesses were started. Last year, 484,224 start-ups launched and now we've smashed the half a million barrier.
With an estimated total of 523,410 businesses expected to have started up by New Years Eve, if there was ever a time to jump aboard the business bandwagon, it’s now.
Emma Jones, member of StartUp Britain, said, "We’ve been looking at these figures for three years since the campaign began and it’s clear the UK’s start-up community is fit and healthy – and shows no sign of abating."
"When we embarked on this journey, our mission was to make sure everyone knew that starting a business was a valid career choice. We think that message has hit home."
So if you’re thinking of treating yourself over Christmas, why not put your passion to test and create your own business. We can finally put the doom and gloom of uncertainty behind us - there’s never been a better time to do so.
You can keep track of the number of businesses started in 2013 by clicking here.