The average age of founders in both Blackburn with Darwen and Bedford is 36, well below the national average of 39. Leicester also has one of the six lowest median founder ages in the UK, at 35.
Andrew Manning, managing director at Virtual HQ, said: “Setting up a limited company has never been quicker or cheaper, and these figures show how many people are now doing it in their early twenties rather than waiting until mid-career.”
He also warned younger entrepreneurs to remember that incorporation places the founder’s details on a public register that anyone can access.
“It is one of the easiest things to get right at the start and one of the most awkward to unpick later,” he added.
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