One-man-band and micro businesses are leading the way in the UK’s economic growth according to new research by Crunch Accounting. In 2013 freelance and micro business owners invoiced on average £6,401 per month, a figure that has grown by 27.4 per cent since 2011 (£5,024 invoiced on average per month in 2011 by Crunch freelance clients).
Today’s announcement coincides with National Freelancers Day, a UK-wide event that brings together and celebrates the importance of the UK’s diverse freelance workforce, which includes approximately 1.7m freelancers nationwide.
Darren Fell, managing director and founder of Crunch Accounting, said: “Our data shows that the UK’s 1.7 million freelancers and contractors are not only leading the way in terms of economic growth, but blowing away all other areas of the economy with a significant 27 per cent growth in revenue.
“National Freelancers Day is a fantastic annual event and a great chance to raise awareness of the self-employed, however now is the time for Government to get serious about supporting this growing and highly successful workforce. We’re proud to once again be celebrating National Freelancers Day and will do everything in our power to further the success of the UK’s freelancer community.”
