Business is done by people. While the statistics of business reveal great insights, it is only through the real life experiences of business people and entrepreneurs that we can gain a true picture of the business climate.
Company Check is the UK’s most used source of business data. We asked our subscribers to complete a short survey which explored their experiences of business in 2015 and expectations for 2016. The results of the survey are presented in the report, which can be downloaded using the form below. The report comprises all results from the survey plus comment from various business analysts including the former Global Head of Markets for KPMG, the editor of Business Zone and local government representatives.
You can download the full report by entering your email address below. The report will be sent directly to your inbox:
The survey was completed during November and December 2015 by 1,009 participants from across the UK taken from Company Check’s three million monthly users, ranging from sole traders to large companies with 1,000+ employees. The responses to the Census revealed a number of key insights which shape the British economy today. Overall, growth has been strong in terms of turnover and marketing and production are key business drivers of this growth. The majority of respondents expected their business to grow in 2016.
On a less positive note, the economy continues to be a worry for UK business, cited as the third biggest challenge to business in 2015 and expected to be the biggest challenge in 2016. Political uncertainty in terms of the UK’s position in Europe, terrorism and at home policies are also expected to be a challenge, while recruitment continues to be a difficult area for the majority of businesses.
Almost two-thirds of respondents felt their local government wasn’t doing enough to support business growth. This comes at the same time as an announcement that the Business Growth Service has ceased providing its local business support as part of government cuts.
Overall, 2015 has been a challenging year for the UK as a whole and the business environment in which we now find ourselves is turbulent. However, positive outlooks from our business leaders for growth in 2016 suggests there is hope for the economy yet.