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 - Bridie Philpotts, Bridie Philpotts Associates Ltd

"The Business Diagnostic Tool is set out in a clear, concise and very user friendly format.

If the future success of your business is important to you, then investing some time into completing it accurately and honestly will ensure you maximise the benefits to your future business operation.  Spending a relatively short amount of time on completing the BDT is time and effort well invested.

The Business Diagnostic Tool is set out in a clear, concise and very user friendly format. The Diagnostic Tool is easy to use, has a logical path to follow, and if answered honestly will undoubtedly give you a very accurate reflection of your business as it stands here and now.  It then prioritises for you the areas you need to address which will have the biggest positive impact and benefits to your business.

The format in which the Diagnostic Feedback Report is set out, makes understanding the document easy – it provides honest, impartial feedback about YOUR business. It is a very valuable if you want to make a change for the better with your business – not only does it give you the areas that you need to prioritise, it offers you various ways you can find the help to take the actions that are necessary.

It gives an excellent helicopter view of your business, allowing you to see the areas of strength and areas of weakness.

The Top Ten Tips are fully comprehensive and easy to read and understand. To achieve the best results for your business, usually means having to do something different.  Implementation of the Top Ten Tips may not always be easy or quick, but the rewards could be great.

For a quality product, with regular updates this represents great value for money; with the addition of personal back-up from the directors should you need it.  The choices provide something for everyone.

Very happy to recommend!"

October 2012

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