Only 32% of SME businesses have sought external advice or information on matters affecting their business in the last 12 months.
Source: BIS

Less than 5% of SME businesses had significantly increased growth plans for the coming 12 months.
Source: BIS

Of the SME businesses that sought advice in the last 12 months, 28% needed help with their business strategy.
Source: BIS

70% of businesses questioned didn’t seek advice o key issues because they felt it was too expensive.
Source: BIS

61% of business owners didn’t know where to go for business support and advice.
Source: BIS

49% of start-up businesses will cease trading within 5 years.
Source: BIS

42% of SME businesses view cash-flow as being an obstacle to the success of their business.
Source: BIS

38% of SME businesses sought finance to support working capital and cash-flow.
Source: BIS

Only 28% of SME businesses increased their annual turnover in the last 12 months.
Source: BIS

Only 41% of SME businesses anticipated a profit / surplus increase when compared with the previous 12 months results.
Source: BIS

Small Business demand for external finance is at the highest level seen since December 2007.
Source: BIS

8% of SME businesses anticipated closure or a transfer of ownership in the next 12 months.
Source: BIS

Only 39% of SME’s were ‘very confident’ of success when applying for finance.
Source: BIS

Of the SME businesses that sought advice in the last 12 months, 51% needed help with their key financial issues.
Source: BIS

Only 11% of SME businesses are planning to move premises in the next 12 months.
Source: BIS

Only 34% of SME businesses reported any new or significantly improved processes in the last 12 months.
Source: BIS

Just over 50% of SME businesses delivered new or significantly improved products or services in the last year.
Source: BIS

76% of failed businesses suffered from either weak financial management or weak marketing capabilities.
Source: BIS

Businesses with fewer than 20 employees have only a 37% chance of surviving four years and only a 9% chance of surviving 10 years.
Source: BIS

Over 25% of owners feel their marriage or personal partnership have been adversely damaged by their business and are left too tired for sex. Source: BIS

Only 35% of SME businesses felt they have a ‘very good’ relationship with their bank.
Source: BIS

62% of business owners didn’t feel they could trust the business advice that was currently on offer.
Source: BIS

48% of owners didn’t feel that the right type of advice existed currently for their business.
Source: BIS

Only 16% of businesses had used some form of business mentor in the last 12 months.
Source: BIS

87% of consumers believe that SME businesses are a critical element of the overall economic health.
Source: BIS

48% of SME owners say what they need most to stay afloat through the recession is more customers.
Source: BIS

Of the small businesses that sought advice in the last 12 months, 23% needed help with their marketing and advertising.
Source: BIS

Only 39% of SME businesses have recruited new employees in the last 12 months.
Source: BIS

Just 30% of SME businesses are planning to recruit any new staff in the coming year.
Source: BIS

14% of SME businesses feel they will need to lose staff in the next 12 months.
Source: BIS

Less than 40% of SME businesses plan to undertake any staff training in the next 12 months.
Source: BIS

Less than 40% of SME businesses invested in training to develop Leadership and Management skills.
Source: BIS

Over 40% of SME businesses have no idea how much their recruitment and selection costs.
Source: BIS

80% of business owners admitted to having a problem in successfully balancing the competing demands of work and home.
Source: BIS

Every business owner deserves the right to learn how to increase sales, multiply their profits with our help you can!
Source: BIS

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Testimonial - Chris Brown, CBA Partnership

"The Diagnostic Tool is extremely user friendly & easy to navigate. It is a great measurement tool & enables you to optimise your businesses development. It is crucial that you take time to answer the questions in a consistent & honest manner; otherwise the reports will not offer a true reflection of the state of your business.

The Diagnostic Feedback Report you receive is very well set out which makes understanding the document very easy. Providing you enter the data correctly the Diagnostic Feedback Report will give a very accurate reflection of the current state of our business. Whilst you often have a gut feeling about the areas of your business that require attention, the Diagnostic Feedback Report left us in doubt as to which of the challenges we face we should tackle first.

The feedback report will give the business owner a guide to how to measure the business development, which will in turn ensure that the business operates at optimum levels.                                                                        

As an Accountancy practice we want to assist clients to meet their goals & therefore we will certainly recommend Better Business Expert to all clients who are seriously interested in creating a great business. It will identify strengths & weaknesses and, if correctly applied, will enable the business to operate at its optimum level."

October 2012

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