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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Tuesday, August 31, 2004 | |
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Small Business Influence in the United Kingdom | |
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Here's more evidence of the power of small business across the globe.
 A just-released report by the Small Business Service (PDF download) in the United Kingdom shows that small and midsize enterprises (SMEs) constitute the vast majority of businesses there -- 99.8%. That's more or less equivalent to the situation in the United States, where small businesses make up 99.7% of total businesses. As the chart above shows, SMEs account for over half (58.2%) of the employment in the U.K. They account for 52.4% of turnover (revenue). [Hat tip to ByteStart, via Just for Small Business]. |
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