Worrying Statistics

Worrying statistics

Worrying Statistics 1

	85% of all businesses employing less than 60 people don’t know where to go for advice
	Less than 35% of all businesses see any need for marketing

Less than 20% of businesses employing less than 30 people have an MD with any previous experience in running a business

Worrying Statistics 2

70% of all business start-ups in the UK fail in their first 12 months!

Worrying Statistics 3

“If British Companies adopted only the AVERAGE best practice levels of the UK’s leading competitors, the GDP of the UK would increase by around £300 Billion.”

Worrying Statistics 4

27% of all companies employing more than 5 sales people have no formal, or ongoing sales training

74% of all businesses feel they are under-capitalised

More than 60% of businesses do not succeed because of poor financial practices

Worrying Statistics 5

Last year, the Government introduced 4,642 new sets of regulations – the equivalent of one every 26 minutes of every working day.”

“ For each piece of red tape out of Europe, there are four which the Government imposes itself.”

(Money Telegraph – 6th July 2002)

A recent piece of legislation came out of Brussels at 400 pages. When it was introduced to the UK by the Government, it had become 1,280 pages.

There are 478 separate regulations on the use of stepladders!