Survey Results
 
 
       

Survey BB-57 :
The February survey asks for your views on oil prices, the £, working up to capacity, cancelled orders, investment decisions, government legislation, drop in interest rate, competitive advantage, staff retention and women run businesses.


Question NumberQuestion
Q1To what extent are rising oil prices a source of concern to your business?
Q2To what extent is the strengthening of the £ against the dollar a source of concern for your business?
Q3To what extent are you working up to capacity (in terms of the full utilisation of resources ? (100% would imply a need for additional staff or other resources)
Q4To what extent has the incidence of cancelled orders or part orders changed over the last 12 months?
Q5Which of the following has the greatest influence on your investment decisions?
Q6In which area do you find government legislation most time consuming?
Q7To what extent do you think that there is a danger of rising insurance premia leading to reduced or inadequate cover?
Q8To what extent will the recent drop in interest rates have a positive affect on your investment plans?
Q9To what extent do you think the recent drop in interest rates will affect demand for your product/service?
Q10What is the main area through which you maintain your competitive advantage?
Q11To what extent is staff retention an issue of concern for your business?
Q12From your observations, which of the following is most likely to present a challenge to a woman wanting to start a business?

(1) To what extent are rising oil prices a source of concern to your business?
ResponseTotal answers: 164
%
1. highly14%
2.25%
3.23.2%
4.23.2%
5. not at all14.6%

(2) To what extent is the strengthening of the £ against the dollar a source of concern for your business?
ResponseTotal answers: 164
%
1. highly 7.9%
2.9.8%
3.28%
4.26.8%
5. not at all27.4%

(3) To what extent are you working up to capacity (in terms of the full utilisation of resources ? (100% would imply a need for additional staff or other resources)
ResponseTotal answers: 164
%
1. 90% - 100% 31.7%
2. 70% - 89% 46.3%
3. 50% - 69% 15.2%
4. below 50%6.7%

(4) To what extent has the incidence of cancelled orders or part orders changed over the last 12 months?
ResponseTotal answers: 164
%
1. Increased significantly 0.0%
2. Increased23.2%
3. stayed the same72.6%
4. decreased3.7%
5. decreased significantly.0.6%

(5) Which of the following has the greatest influence on your investment decisions?
ResponseTotal answers: 164
%
1. Interest rates15.2%
2. business rates6.1%
3. difficulty in accessing investment finance18.9%
4. pressure on margins59.8%

(6) In which area do you find government legislation most time consuming?
ResponseTotal answers: 164
%
1. employment37.2%
2. pensions2.4%
3. taxation34.8%
4. health & safety20.1%
5. environment 5.5%

(7) To what extent do you think that there is a danger of rising insurance premia leading to reduced or inadequate cover?
ResponseTotal answers: 164
%
1. highly48.2%
2.36%
3.11%
4. 3.7%
5. not at all1.2%

(8) To what extent will the recent drop in interest rates have a positive affect on your investment plans?
ResponseTotal answers: 164
%
1. highly 3.7%
2.16.5%
3.26.8%
4.17.7%
5. not at all35.4%

(9) To what extent do you think the recent drop in interest rates will affect demand for your product/service?
ResponseTotal answers: 164
%
1. increase significantly 0.0%
2. increase11.6%
3. stay the same86.6%
4. decrease1.8%
5. decrease significantly 0.0%

(10) What is the main area through which you maintain your competitive advantage?
ResponseTotal answers: 164
%
1. price4.3%
2. quality28%
3. reputation53%
4. after sales service4.3%
5. design/style6.7%
6. other 3.7%

(11) To what extent is staff retention an issue of concern for your business?
ResponseTotal answers: 164
%
1. highly12.8%
2.22.6%
3.12.2%
4. 20.1%
5. not at all32.3%

(12) From your observations, which of the following is most likely to present a challenge to a woman wanting to start a business?
ResponseTotal answers: 164
%
1. family commitments34.1%
2. level of confidence15.9%
3. access to finance10.4%
4. level of family support14.6%
5. degree of business experience / skill12.8%
6. don't know12.2%