Posted: Fri 15th Aug 2014
Home businesses took centre stage today at the first ever Home Business Summit.
The unique event, organised by Enterprise Nation, attracted extraordinary attention with an address from not only the Minister for Business, Enterprise and Energy Matt Hancock - but the Prime Minister David Cameron himself.
Their attendance was not to catch the ear of the captains of industry - they were at the event in Somerset House for one purpose only - to celebrate the 2.9m hard working home-based entrepreneurs in Britain.
The Prime Minister David Cameron said:
"[Supporting home businesses] is not a tangent to our long-term economic plan. It is a very key part of our long-term economic plan."
He added: "Some people think of home-based businesses as small cottage industries - when in fact 70 per cent of all new businesses are now started at home."
The event came the day the Government unveiled a suite of new policies aimed at helping home businesses escape the bureaucracy that can often hold them back.
New legislation will make it easier for people to run a business from a rented home. The law will be changed so that landlords can be assured that agreeing to this will not undermine their residential tenancy agreement. A new model tenancy agreement will also be made available shortly
Updated planning guidance makes it clear that planning permission should not normally be needed to run a business from your home
New business rates guidance clarifies that in the majority of circumstances home based businesses will not attract business rates.
They were launched with a backdrop of nine home-based entrepreneurs, watching the proceedings like stately portraits, from their own home-offices, at their kitchen tables, in their sheds or converted garages. The nine businesses were captured on celluloid by photographer Rene Mansi for iStock by Getty Images and form a unique collection of home-business photography.
To look in more detail at this growing movement, what drives home-based entrepreneurs to build businesses from their homes - and what this new breed needs to grow - Enterprise Nation unveiled the biggest ever Home Business Survey, in association with Direct Line for business.
The survey will generate a report with a firm evidential base on the motivations and growth ambitions of the home based businesses of Britain. It will evaluate real experience, collect expert opinion and offer forecasting and insight to help these businesses to grow.