Small Business Matters

The importance of all the Small and Medium Sized Businesses to the UK economy cannot be overstated. According to the Sunday Times Business Editor (8th May 2005):

"Small businesses are the life blood of the British economy. There are 4m small businesses each employing fewer than 50 people in this country. Together they account for 58% of private-sector employment, equal to 13m people, and provide 40% of our gross national product."

He goes on to say:

"The fact is small businesses matter. A lot. They matter not just because they create wealth, employment and pay tax, but because they provide the business arena with fresh ideas, entrepreneuralism and new ways of looking at the world."

The number of Small and Medium Sized Businesses has increased to 4.5m since 2005. But the sentiment is as relevant now as it was then. Indeed given the turbulent economic climate we now operate in, the success of the SMEs is probably even more important to the overall economy.

And that's why our clients matter.

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