Almost a third of UK workers think that they could do their boss' job better. Image courtesy of iStock
Ambitious Brits are on the rise in the UK – and are after their boss’s job, according to the latest research from borro
’s Enterprise Ladder Report.
The report, which polled Britons in employment, reveals that nearly a third of workers (29 percent) believe they could run the business they work in better than the current owners or senior management, while nearly two fifths (38 percent) feel they could do a better job than their current line manager.
The report also revealed that working Brits are increasingly looking to start their own small business
, but are being stifled by a lack of savings and little help from external financing
. Some 12 million adults (24 percent) either have plans to set up their own business in the near future, or would like to do so at some stage in the future.
Of those who are hoping to set up their own business at some stage, but cannot currently do so or have decided against it for now, nearly half (44 percent) believe they currently lack the funds needed for the start-up costs associated with taking the plunge and setting up a business. Furthermore a third (32 percent) said they have been unable to raise enough additional capital from external sources, including banks and alternative finance measures.
, CEO of borro, commented: “Britain is a nation of business leaders in waiting – as the economy struggles, a third of Brits are sitting frustrated in their jobs believing that they could do a better job than their boss. Despite the recession, British ambition is alive and kicking again, so it’s time for employees to come out of the shadows and take control. If people feel they could do a better job than their boss, they should be encouraged to follow their dreams and become their own boss.
“Yet for many, their ambition of running their own company is being quashed by a lack of support from the banks to secure the lending that they require. SME owners of the future will be the heartbeat of the UK economy and they should not be disheartened in their quest for capital. There are alternative and quick options available for people to get their hands on business funding. Over 60 percent of our customer base consists of small business owners and entrepreneurs, demonstrating how personal asset lending has already helped many small businesses to start-up and grow.”