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  1. ITV Report

Women in business: Figures show men twice as likely to be entrepreneurs

Caroline Lake set up Caroline's cars in Norwich in2006 Credit: ITV News Anglia

New statistics show men are twice as likely to be entrepreneurs than women.

It's estimated the UK would have an additional one million entrepreneurs if women set up businesses at the same rate as men.

Caroline Lake set up her own business in Norwich in 2006, a garage called Caroline's Cars.

She came up with the idea when she kept hearing from other women that they hated taking their cars to be repaired.

"I Don't regret it for a second I absolutely love it and I love it more every day. It's just a challenge and it's just fun and I'm so desperate to encourage more women into the trade, and get over those ridiculous stereotype barriers".

– Caroline Lake, Businesswoman
Rebecca runs Tribecca Coffee in Cambridge Credit: ITV News Anglia

28-year old Rebecca Chong gave up a full time job in may this year to set up Tribecca coffee in Cambridge.

It's a low carbon business and involves Rebecca pedalling to grind the coffee. She works outside Cambridge North station.

"Being such a new start up can get quite overwhelming at times, being accountant, social media, operational, organising events, trying to do everything, but I think that's what makes it so exciting. No day is really the same for me, although each day I'm on the bike making coffee, I meet different people doing all kinds of things and that's what makes it."

– Rebecca Chong, Runs Tribecca Coffee
Sarah and her daughter Charlotte work together at TLC sport Credit: ITV News Anglia

Sara Hannah set up her own sports clothing company thirty five years ago. Her daughter Charlotte now works with her.

"It's great being a mother but I wanted a different identity. I wanted another identity. I was absolutely passionate about fitness, from the age of 20 and it's never ever left me so it evolved. I don't take no for an answer and I will keep trying until I find a solution".

– Sarah Hannah, Businesswoman