Survey Results
 
 
       

Survey BB-54 :
November's survey asks for you views on the entrepreneur, profit margins, holdings, borrowing, call centres, export orders, interest rates and how important is your point of contact at your bank?


Question NumberQuestion
Q1To what extent do you feel that the crucially important economic contribution of the entrepreneur is sufficiently recognised in UK culture?
Q2How has pressure on profit margins changed over the last six months?
Q3Over the next six months do you expect the pressure on profit margins to:
Q4Over the past six months and ignoring any normal seasonal variation how have your holdings of cash and bank deposits changed?
Q5Over the past six months and ignoring any normal seasonal variation how has your borrowing from banks and other sources changed?
Q6How important do you feel it is to have a personal, well-informed point of contact at your bank?
Q7To what extent do you find that the increasing use of call centres by important services such as utilities, insurance and banking affects your ability to make business arrangements?
Q8Taking into account any seasonal factors, to what extent are export orders / contracts for services with the US higher or lower than you would usually expect?
Q9Taking into account any seasonal factors, to what extent are export orders / contracts for services with Europe higher or lower than you would usually expect?
Q10Taking into account any seasonal factors, to what extent are export orders / contracts for services with the Rest of the World higher or lower than you would usually expect?
Q11To what extent would further cuts in interest rates affect your business?
Q12To what extent do you feel your business has benefited from the long term stability of interest rates?

(1) To what extent do you feel that the crucially important economic contribution of the entrepreneur is sufficiently recognised in UK culture?
ResponseTotal answers: 203
%
1. Grossly under-rated28.6%
2. Under-rated56.2%
3. Adequately recognised12.8%
4. Over-rated2.5%
5. Grossly over-rated 0.0%

(2) How has pressure on profit margins changed over the last six months?
ResponseTotal answers: 203
%
1. Increased substantially28.1%
2. Increased a little43.8%
3. Unchanged21.7%
4. Fallen a little4.9%
5. Fallen substantially1.5%

(3) Over the next six months do you expect the pressure on profit margins to:
ResponseTotal answers: 203
%
1. Increase substantially15.3%
2. Increase a little57.1%
3. Unchanged20.7%
4. Fall a little5.9%
5. Fall substantially1%

(4) Over the past six months and ignoring any normal seasonal variation how have your holdings of cash and bank deposits changed?
ResponseTotal answers: 203
%
1. Fallen a lot16.3%
2. Fallen a little33.5%
3. Unchanged25.6%
4. Up a little21.7%
5. Up a lot3%

(5) Over the past six months and ignoring any normal seasonal variation how has your borrowing from banks and other sources changed?
ResponseTotal answers: 203
%
1. Fallen a lot3%
2. Fallen a little15.8%
3. Unchanged59.6%
4. Up a little14.8%
5. Up a lot6.9%

(6) How important do you feel it is to have a personal, well-informed point of contact at your bank?
ResponseTotal answers: 203
%
1. Very important67.5%
2.16.7%
3.7.9%
4.4.9%
5. Not important at all3%

(7) To what extent do you find that the increasing use of call centres by important services such as utilities, insurance and banking affects your ability to make business arrangements?
ResponseTotal answers: 203
%
1. Significantly improved the efficiency1.5%
2. Improved the efficiency6.9%
3. No effect7.9%
4. Reduced the efficiency34.5%
5. Significantly reduced the efficiency47.8%
6. No opinion1.5%

(8) Taking into account any seasonal factors, to what extent are export orders / contracts for services with the US higher or lower than you would usually expect?
ResponseTotal answers: 203
%
1. Much higher0.5%
2. Higher3.9%
3. Unchanged22.2%
4. Lower6.4%
5. Much lower3.4%
6. Not applicable63.5%

(9) Taking into account any seasonal factors, to what extent are export orders / contracts for services with Europe higher or lower than you would usually expect?
ResponseTotal answers: 203
%
1. Much higher0.5%
2. Higher6.9%
3. Unchanged26.1%
4. Lower9.4%
5. Much lower3.9%
6. Not applicable53.2%

(10) Taking into account any seasonal factors, to what extent are export orders / contracts for services with the Rest of the World higher or lower than you would usually expect?
ResponseTotal answers: 203
%
1. Much higher0.5%
2. Higher4.9%
3. Unchanged22.2%
4. Lower8.9%
5. Much lower1.5%
6. Not applicable62.1%

(11) To what extent would further cuts in interest rates affect your business?
ResponseTotal answers: 203
%
1. Highly beneficial5.4%
2. Beneficial51.7%
3. No impact33.5%
4. Detrimental8.9%
5. Highly detrimental0.5%

(12) To what extent do you feel your business has benefited from the long term stability of interest rates?
ResponseTotal answers: 203
%
1. Highly beneficial14.3%
2. Beneficial68.5%
3. No impact15.8%
4. Detrimental1.5%
5. Highly detrimental 0.0%