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The Essential Guide to Managing Small Business Growth

By: Peter Wilson and Sue Bates

It is estimated that there are currently 3.7 million active businesses in the UK. Of these firms, a massive 99.8 per cent are classified as either small (fewer than 50 employees) or medium-sized (50–249 employees); in fact, approximately 2.6 million of these businesses comprise only a self-employed owner-manager. Together, these companies employ more than half (55 per cent) of UK plc’s nongovernment workforce and account for 45 per cent of its turnover – contributing significantly to the UK’s GDP and to employment. It is clear that, despite the....