Survey Results
 
 
       

Survey BB-58 :
The March survey asks for your views on the upcoming Budget, car tax charges, average hours worked, policy on flexible working, risk of business failure, the most common motivation for starting a business, plus the quarterly trend questions.


Question NumberQuestion
Q1As the CO2 related company car tax charge is set to increase further on 6th April, have you already or are you considering any of the following options as a way to offset the higher tax rate?
Q2What single issue would you like to see the Chancellor tackling in the Budget on 9 April 2003?
Q3It is reported that, although numbers of employees have continued to grow, average weekly hours have declined. In your business, over the last twelve months, has the total average hours worked per employee (including overtime):
Q4Given an economic downturn, I would tend to reduce hours per employee rather than number of employees where possible.
Q5In terms of a policy on flexible working methods, are you:
Q6Compared to this time last year, do you think the risk of your business failing is:
Q7When starting or considering starting a business, from your experience, which of the following would be the main motive?
Q8To what extent is your business constrained by skill shortages?
Q9To what extent is your business constrained by a lack of finance?
Q10To what extent is your business constrained by low market demand?
Q11Over the last 3 months, has your business:-
Q12Over the next 3 months, do you expect your business to:

(1) As the CO2 related company car tax charge is set to increase further on 6th April, have you already or are you considering any of the following options as a way to offset the higher tax rate?
ResponseTotal answers: 169
%
1. downgrading to a smaller vehicle7.7%
2. switching to Diesel15.4%
3. changing to a 'standard charge' vehicle, such as a 'light goods vehicle'3.6%
4. using public transport3.6%
5. other13.6%
6. not applicable28.4%
7. no27.8%

(2) What single issue would you like to see the Chancellor tackling in the Budget on 9 April 2003?
ResponseTotal answers: 169
%
1. red tape28.4%
2. insurance premium tax3%
3. NI contributions22.5%
4. self-assessment1.8%
5. green taxes3%
6. incentives for training7.7%
7. incentives for business support31.4%
8. Uniform Business Rate 2.4%

(3) It is reported that, although numbers of employees have continued to grow, average weekly hours have declined. In your business, over the last twelve months, has the total average hours worked per employee (including overtime):
ResponseTotal answers: 169
%
1. increased significantly2.4%
2. increased29%
3. stayed the same47.3%
4. decreased12.4%
5. decreased significantly1.8%
6. not applicable7.1%

(4) Given an economic downturn, I would tend to reduce hours per employee rather than number of employees where possible.
ResponseTotal answers: 169
%
1. strongly agree13%
2. agree39.1%
3. neither agree nor disagree11.2%
4. disagree21.9%
5. strongly disagree5.9%
6. not applicable8.9%

(5) In terms of a policy on flexible working methods, are you:
ResponseTotal answers: 169
%
1. already using flexible working methods59.2%
2. planning to use them7.7%
3. have no plans to use them33.1%
4. have them but plan to remove them 0.0%

(6) Compared to this time last year, do you think the risk of your business failing is:
ResponseTotal answers: 169
%
1. much greater3.6%
2. greater23.7%
3. the same46.2%
4. lower20.1%
5. much lower6.5%

(7) When starting or considering starting a business, from your experience, which of the following would be the main motive?
ResponseTotal answers: 169
%
1. to escape from a previous job4.7%
2. succession in a family business1.8%
3. to generate more wealth/income24.3%
4. to have more control over the future51.5%
5. perception of a new business opportunity15.4%
6. other2.4%

(8) To what extent is your business constrained by skill shortages?
ResponseTotal answers: 169
%
1 Highly7.7%
223.7%
326%
423.1%
5 Not at all19.5%

(9) To what extent is your business constrained by a lack of finance?
ResponseTotal answers: 169
%
1 Highly13%
222.5%
323.7%
425.4%
5 Not at all15.4%

(10) To what extent is your business constrained by low market demand?
ResponseTotal answers: 169
%
1 Highly16.6%
226%
325.4%
422.5%
5 Not at all9.5%

(11) Over the last 3 months, has your business:-
ResponseTotal answers: 169
%
Expanded significantly (more than 10%)18.3%
Expanded somewhat (between 5% to 10%)27.8%
Remained static33.1%
Declined somewhat (between 5% to 10%)16%
Declined significantly (more than 10%)4.7%

(12) Over the next 3 months, do you expect your business to:
ResponseTotal answers: 169
%
Expand significantly (more than 10%)17.2%
Expand somewhat (between 5% to 10%)37.9%
Remain static34.3%
Decline somewhat (between 5% to 10%)8.3%
Decline significantly (more than 10%)2.4%