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Women turning to own businesses to juggle childcare and work

Fri, 12 Jun 2009

Women turning to own businesses to juggle childcare and work Some women find that the only way they could juggle work and children is to establish their own business, it has been claimed.

According to the British Association of Women Entrepreneurs (BAWE), childcare can put a "huge burden" on employment and starting their own firm can help some women achieve balance.

However, the body's president Tatjana Hine stated that setting up shop on their own is not an "easy" option for working mums as they still have to work around and pay for nannies etc.

"It isn't an easy option, it's as simple as that, there is no easy way to be looking after children and to be a company holder where you are employing people and you have them to worry about as well," she added.

Earlier this year a study by Prowess highlighted that female entrepreneurs could be key to helping the UK out of the recession.

The research stated that positive evidence points to women business owners driving a new enterprise model based on diligent risk taking and collaboration which take account of wider social values alongside profits.

Earlier this week, research by Standard Life and YouGov revealed that people are setting up their own businesses later in life, with eight per cent of those questioned saying they would like to try running their own firm in retirement.

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