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According to a spokesman for the Federation of Small Businesses (FSB), many budding entrepreneurs decide to set up a company as a lifestyle choice, hoping it will give them the feeling of independence in the world of work.
Research by Barclays Bank released in March 2008 found that more businesses had started up in 2007 than in any year since records began in 1988.
Meanwhile, separate data from the Ministry of Justice shows that 2,962 company winding down petitions were issued in the fourth quarter of 2007, while almost 12,000 companies in England and Wales went out of business last year.
Investing in stocks and shares is one way of becoming your own boss without having to deal with the overheads that come with being a businessman.
Knowledge to Action host free trading seminars for those who want to learn more about investing in stocks and shares.
