Entrepreneurial mothers bringing in money says AXA

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Entrepreneurial mothers bringing in money says AXA

A growing number of mums are proving to be entrepreneurial from the home, new research by AXA has found.

An average figure of £5,614 is being made by mums-turned-entrepreneurs and 34 per cent of new and expectant mothers are generating income from home while looking after children.

This works out at an average monthly income of £467.91 from home-based business ventures and an additional 21 per cent of those polled claimed that they would either retrain or utilise existing skills to generate income from home.

Head of AXA Protection Iain Mallon remarked: "It is interesting to see how many new and expectant mothers are looking to start their own businesses from home and also the level of contribution that they are currently making to family incomes through home-working activities."

A total of 25 per cent said that if it was possible to do their previous job from home, they would. Also, 26 per cent citied needing the money as the reason behind their decision to work from home.

AXA provides financial services to around 50 million people worldwide and operates in around 50 countries.

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