Government research shows that small businesses continue to take on more staff

May 17, 2016   //   No Comments

Research published on 12th May showed that almost a quarter of small and medium-sized (SME) employers had more people working for them in 2015 than in 2014.  The Small Business Survey 2015 is based on the views of more than 15,000 SMEs. Starting from this year, the survey will track the same businesses over time to better understand their needs as they grow and develop.  Only 1 in 10 reported a reduction in staff numbers, which is down from around 1 in 5 (21%) in 2010.

The survey also asked SMEs about their internet usage and found that 95% of employers use the internet for work, 76% have their own website and 55% have a social media profile.  Questioned on finance, 8 out of 10 responding companies, which applied for finance, secured all or some of what they asked for.  Late payment continues to be a problem for almost a third  of SME employers.

You may read the full report here.

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