According to ICAEW, approximately 500,000 new businesses start in the UK each year.
However, 60% of startups cease to trade by the end of year five.
A new dynamic Business Advisor platform, launched by ICAEW and Enterprise Nation in April, offers businesses in the UK access to the on-demand advice from accountants and business advisors they might need as a start-up.
Source: ICAEW
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