Why Business111.com Launching This Autumn Is a Lifeline, Not a Luxury says Liz Barclay, ex HMG’s Small Business Commissioner and now Founder of http://www.businesss111.com A new report from the Department for Business and Trade and the Office of the Small Business Commissioner confirms what millions of small firms have long known: late payments are stranglingContinue reading “£11 Billion Lost to Late Payments:”
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Backing Small Business: A Welcome Step—But Delivery Must Match the Rhetoric
By Liz Barclay – former HMG Small Commissioner & Founder http://www.business111.com Business 111 welcomes today’s launch of the UK government’s Backing Your Business plan as a long-overdue step in recognising the central role that small and medium-sized enterprises play in the UK economy. With smaller businesses accounting for 99.8% of businesses and generating more than £2.8 trillion inContinue reading “Backing Small Business: A Welcome Step—But Delivery Must Match the Rhetoric”
UK statistics
The scale of micro and small businesses in the UK 99.9% of UK businesses are small or medium sized. 95% are micro-businesses (0–9 employees). Together micro, small and medium sized businesses employ 16.7 million people (61% of total private sector employment). Source: Department for Business and Trade (DBT), Business Population Estimates for the UK andContinue reading “UK statistics”
UK geographic regions where micro and small businesses are most disadvantaged
North East England ● Lowest business density in England (fewer businesses per 10,000 population).● High levels of economic inactivity and structural unemployment, reducing local customer bases.● Limited access to finance and private investment compared to London and the South East.(Source: DBT Business Population Estimates 2023, FSB regional analysis) Yorkshire and the Humber ● Persistent productivityContinue reading “UK geographic regions where micro and small businesses are most disadvantaged”
Business 111 – Media Briefing Note
Q&A with Liz Barclay, Business 111 What is Business 111? Business 111 is a 24-hour digital navigation tool for micro and small businesses. We aggregate public and commercial information into clear, practical guidance and connect business owners to the right resources and contacts whenever they need them given the stage their business is at. WhyContinue reading “Business 111 – Media Briefing Note”