Tempted to start your own business? Well, now could be a good time after the Federation of Small Businesses (FSB) predicted a record 300,000 people will be setting up their own ventures this year.

An article in Brighton’s Argus newspaper details how this rise could be particularly good news for the Sussex economy where 84% of jobs created recently have been from small firms.

Here at Crunch online accounting we’ve seen a huge increase in people starting up their own businesses in the last year across a whole range of sectors.

“More people are moving away from corporate companies to do their own thing. This has been partially encouraged by those with a new found interest to become an entrepreneur,” said Crunch MD Darren Fell. “They do not want to grow a massive business but become a micro-entrepreneur or freelancer.”

It seems like a case of think big, go small.

“We have IT contractors who live in Brighton but freelance in London, graphic designers and locum physiotherapists who all work for themselves. We have seen a massive surge in small business growth.”