Small Business Overview - UK - November 2018
“Over 99% of companies in the UK are small businesses. There are more than 5.7 million and they account for 34.5% of the overall economy, at £1,428.4 billion. They also account for 39% of all employment in the UK. In the last five years, their overall turnover growth has outperformed large corporates - at 19.4% compared with 14%, and their combined turnover is more than double medium-sized enterprises. However, they form a notoriously difficult sector for B2B marketers to target because of their disparity.”
– Terry Leggett, Senior Analyst
This Report looks at the following areas:
Brexit – more or less important to small businesses than multi-nationals?
How do potential suppliers reach small businesses?