by IRUN Solutions
16. June 2010 02:46
Its sometimes nice to be able to rattle off some statistics (especially when presenting) and here are some useful ones that we found whilst browing through the FSB website that we though we would share with you. These might be useful for you if you are putting together a marketing strategy, it might focus you in the correct area!
So Here we go
- There are 4.8 million small businesses in the UK (up from 4 million in 2003)
- 3 million businesses are sole proprietors
- 1.3 million are companies
- 462,000 are partnerships
- 97 per cent of firms employ less than 20 people
- 95 per cent employ less than 5 people
- Over 500,000 people start up their own business every year
- Small and medium-sized firms employ more than 59.4 per cent of the private sector workforce
- 13.7 million people work in small and medium-sized firms
- Small firms contribute more than 50.1 per cent of the UK turnover
- 64 per cent of commercial innovations come from small firms
- 25 per cent of all private sector enterprises operate in Business Services
- 21 per cent of all private sector enterprises operate in Wholesale, Retail or Repairs
- Small firms collect and pay Tax, NICs, VAT and other dues which help pay for public services
- 33 per cent of all UK enterprises are in London and the South-East
- Over 2 million people run their small business from home
- Another 7.5 million people work for their boss from home
micro: 0-9 employees, small: 10-50 employees, medium: 50-249 employees
(updated May 2009)
Figures obtained from the Department for Business Innovation and Skills. Home working figures courtesy of Enteprise Nation.
Courtesy of the FSB - http://www.fsb.org.uk/stats
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