Home Business in the UK #infographic

Published by Web Desk Saturday, December 19, 2015

HomeProtect Insurance has recently created an infographic on Home Businesses in the UK. Facts include that 69% of start-up businesses operate mainly from a home. It also states that most of these start-up businesses are in e-commerce. Home based businesses are quickly becoming the fastest growing form of business start-ups. Growing your company out of your home allows for flexibility that is difficult when renting or buying office and warehouse space. Although working at home requires self-discipline, the benefits can be very substantial.

One thing to consider when switching to home-based employment is home insurance. Many policies may be invalidated when you begin using your home for business purposes. HomeProtect can provide cover for all types of “working from home”. This depends on the type of business you are carrying out within your home as well as the extent to which the property is used for commercial purposes. In some cases, this will also cover the stock you keep on the premises. As the number of people running a business from home has increased by 20 percent in the last 10 years it’s interesting to see that only 3% have employers liability insurance.

Infographic by: homeprotect.co.uk

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