Survey Results
 
 
       

Survey BB-47 :
Following the announcement of budget measures affecting smaller businesses, we ask your views on the likely overall impact. Also included are questions on Cost increases, bonus schemes, Pay settlements, Business advice and U.S. Export orders.


Question NumberQuestion
Q1After all the dust has settled, and the debate subsides, what do you think the real overall impact of the Budget will be on your business?
Q2To what extent are you able to pass on cost increases to your business in terms of higher prices to your customers?
Q3To what extent are your costs sensitive to changes in oil prices?
Q4Do Directors and Management in your company have a Bonus Scheme?
Q5How do you expect the average level of pay settlements in your business in the year 2002 to compare with those in 2001?
Q6We recently asked about preferred sources for external Business Advice. Under normal circumstances, how often are you likely to seek external business advice, from any source, in a year?
Q7How often are you likely to seek external business advice on Finance, from any source, in a year?
Q8How often are you likely to seek external business advice on Marketing, from any source, in a year?
Q9How often are you likely to seek external business advice on Technical problems, from any source, in a year?
Q10How often are you likely to seek external business advice on Legal issues, from any source, in a year?
Q11How often are you likely to seek external business advice on issues other than Finance, Marketing, Technical or Legal, from any source, in a year?
Q12Taking into account any seasonal factors, to what extent are export orders from the US higher or lower than you would usually expect?

(1) After all the dust has settled, and the debate subsides, what do you think the real overall impact of the Budget will be on your business?
ResponseTotal answers: 141
%
1. Significantly positive 0.0%
2. Positive6.4%
3. Neutral36.2%
4. Negative49.6%
5. Significantly negative7.8%

(2) To what extent are you able to pass on cost increases to your business in terms of higher prices to your customers?
ResponseTotal answers: 141
%
1. Completely3.5%
213.5%
315.6%
430.5%
5. Not at all36.9%

(3) To what extent are your costs sensitive to changes in oil prices?
ResponseTotal answers: 141
%
1. Highly sensitive9.9%
218.4%
324.1%
428.4%
5. Not at all19.1%

(4) Do Directors and Management in your company have a Bonus Scheme?
ResponseTotal answers: 141
%
1. Yes, related to Profit37.6%
2. Yes, related to Production2.1%
3. Yes, related to Sales5%
4. Yes, on another basis9.2%
5. No46.1%

(5) How do you expect the average level of pay settlements in your business in the year 2002 to compare with those in 2001?
ResponseTotal answers: 141
%
1. More than 3.5% higher14.2%
2. Higher by between 2% and 3.5%19.1%
3. Higher by up to 2%16.3%
4. The same36.2%
5. Lower by up to 3%14.2%

(6) We recently asked about preferred sources for external Business Advice. Under normal circumstances, how often are you likely to seek external business advice, from any source, in a year?
ResponseTotal answers: 142
%
1. Not at all13.4%
2. One to four times59.2%
3. Five to eight times16.2%
4. Nine to twelve times2.8%
5. More than twelve times8.5%

(7) How often are you likely to seek external business advice on Finance, from any source, in a year?
ResponseTotal answers: 141
%
1. Not at all18.4%
2. One to four times63.8%
3. Five to eight times12.1%
4. Nine to twelve times2.1%
5. More than twelve times3.5%

(8) How often are you likely to seek external business advice on Marketing, from any source, in a year?
ResponseTotal answers: 141
%
1. Not at all45.4%
2. One to four times48.2%
3. Five to eight times2.8%
4. Nine to twelve times1.4%
5. More than twelve times2.1%

(9) How often are you likely to seek external business advice on Technical problems, from any source, in a year?
ResponseTotal answers: 141
%
1. Not at all10.6%
2. One to four times55.3%
3. Five to eight times17%
4. Nine to twelve times5%
5. More than twelve times12.1%

(10) How often are you likely to seek external business advice on Legal issues, from any source, in a year?
ResponseTotal answers: 141
%
1. Not at all14.2%
2. One to four times67.4%
3. Five to eight times10.6%
4. Nine to twelve times6.4%
5. More than twelve times1.4%

(11) How often are you likely to seek external business advice on issues other than Finance, Marketing, Technical or Legal, from any source, in a year?
ResponseTotal answers: 141
%
1. Not at all33.3%
2. One to four times56.7%
3. Five to eight times7.1%
4. Nine to twelve times 0.0%
5. More than twelve times2.8%

(12) Taking into account any seasonal factors, to what extent are export orders from the US higher or lower than you would usually expect?
ResponseTotal answers: 141
%
1. Much Higher 0.0%
22.8%
319.1%
45%
5. Much Lower 5%
6. Not applicable68.1%