The research, conducted by discount and voucher company MyVoucherCodes, found that 54 per cent of respondents aged between 18 and 25 had a business plan that they felt would make a significantly large amount of money.
Interestingly, just under one fifth of the 1,196 respondents said they were going to execute their business plan. The majority of those intent on making their idea a reality were female (74 per cent).
Mark Pearson, managing director of MyVoucherCodes.co.uk, says: ‘Creating your own business may seem daunting but if you honestly believe you have a great idea then it is worth pursuing. Success doesn’t come overnight and it takes hard work, but it can pay off in the end.’