This is what entrepreneurs love about being their own boss

Owners of small and medium-sized businesses (SMEs) have shared what they love about running their own business

The research, published by property letting agent City Breaks, looks at the motivations of 1,000 UK entrepreneurs – whether that means calling the shots, or just running on their own schedule.

The first, and most favoured, motivation of business owners is being their own boss, with more than three quarters (76 per cent) of respondents citing this as their number one incentive.

For 64 per cent of owners, maintaining a flexible time schedule is a major draw of running their own business.

This is even more pronounced in 18 – 24 year olds, with 85 per cent citing flexible hours as a major motivation.

A slightly less, albeit sizeable chunk of owners believe that making their own decisions is a major motivation, with 40 per cent of men and 50 per cent of women citing this reason.

Meanwhile, a quarter (25 per cent) of entrepreneurs believe that being in charge of who is – and isn’t – employed is the best thing about being a business owner.

Salary benefits appeared in just 16 per cent of respondents’ answers, while just nine per cent cited choice of location and the opportunity to go on business trips.