Britain’s SMEs have an immensely important role to play


According to the government’s Dept for Business Innovation and Skills

In 2011 there were 4.5 million small and medium enterprises in the UK:

SMEs account for 99% of all enterprise in the UK

SMEs provide 58.8% of private sector employment

SMEs deliver 48.8% of private sector turnover

SMEs employed an estimated 13.8 million people

SMEs have an estimated combined annual turnover of £1,500 billion

SMEs who function well can each play a part in offering Britain’s workless individuals and households (chart below) the chance to make a contribution to the economy.




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