Survey Results
 
 
       

Survey BB-62 :
The July survey asks for your views on job satisfaction, the EU campaign on business opportunities, your long term strategy, investment plans, would you recommend starting a business, risk management procedures, filling key positions, attracting and retaining staff, Sunny climes - Sunny times, current use of email and payment extensions.


Question NumberQuestion
Q1How satisfied are you with the present level of remuneration that you gain from running your business?
Q2With ten new members lined up to joint the EU in May 2004, the European Commission has launched a pan-European campaign to help small and medium-sized enterprises (SMEs) take advantage of EU enlargement business opportunities. One month into the campaign, to what extent are you aware of this initiative?
Q3What is your long term strategy for your business?
(IF APPLICABLE,TICK MORE THAN ONE)
Q425% of venture capitalists expect economic conditions to improve over the next 6 months. Are you currently reassessing your plans for investment in Plant and Equipment?
Q5Given your own experience would you recommend starting a business as a good career move if asked?
Q6To what extent are current conditions more or less conducive to business start ups as compared to 5 years ago?
Q7It is reported that “Employers are finding it very difficult to attract and retain staff with the right skills." To what extent have you had to fill key positions with candidates lacking the right experience?
Q8“Fraud is a significant risk and many small businesses don't even consider it." To what extent do you feel you have appropriate risk management procedures in place to cope with the threat of fraud?
Q9What, in your opinion, are the biggest motivating factors for attracting and retaining staff? *(TICK ALL THAT APPLY)
Q10Sunny climes, Sunny times? In your experience, how does sunnier weather affect levels of productivity?
Q1146% of all email sent worldwide is now reportedly unwanted junk. To what extent has the increase in junk email discouraged your use of email?
Q12With some firms actively extending payment dates, to what extent do you entertain requests for such extensions?

(1) How satisfied are you with the present level of remuneration that you gain from running your business?
ResponseTotal answers: 172
%
1. very satisfied 2.9%
2. satisfied 24.4%
3. neither satisfied nor dissatisfied 29.1%
4. dissatisfied33.1%
5. very dissatisfied 9.9%
6. not applicable 0.6%

(2) With ten new members lined up to joint the EU in May 2004, the European Commission has launched a pan-European campaign to help small and medium-sized enterprises (SMEs) take advantage of EU enlargement business opportunities. One month into the campaign, to what extent are you aware of this initiative?
ResponseTotal answers: 172
%
1. highly 0.0%
20.6%
32.9%
413.4%
5. not at all83.1%

(3) What is your long term strategy for your business?
(IF APPLICABLE,TICK MORE THAN ONE)
ResponseTotal answers: 210
%
1. reduce in size 1%
2. maintain present level of trading 8.1%
3. gentle growth [0% to 5%]26.2%
4. rapid growth [greater than 5%]36.7%
5. sell the business as a going concern20.5%
6. pass on the business to family or existing employees6.7%
7. cease trading1%

(4) 25% of venture capitalists expect economic conditions to improve over the next 6 months. Are you currently reassessing your plans for investment in Plant and Equipment?
ResponseTotal answers: 172
%
1. extensively7%
28.1%
324.4%
418.6%
5. not at all41.9%

(5) Given your own experience would you recommend starting a business as a good career move if asked?
ResponseTotal answers: 172
%
1. yes79.7%
2. no20.3%

(6) To what extent are current conditions more or less conducive to business start ups as compared to 5 years ago?
ResponseTotal answers: 172
%
1. significantly improved 1.2%
2. improved 18%
3. the same18.6%
4. worse38.4%
5. significantly worse 15.7%
6. don't know8.1%

(7) It is reported that “Employers are finding it very difficult to attract and retain staff with the right skills." To what extent have you had to fill key positions with candidates lacking the right experience?
ResponseTotal answers: 172
%
1. frequently8.7%
218.6%
319.8%
412.8%
5. not at all17.4%
6. not applicable22.7%

(8) “Fraud is a significant risk and many small businesses don't even consider it." To what extent do you feel you have appropriate risk management procedures in place to cope with the threat of fraud?
ResponseTotal answers: 172
%
1. highly8.7%
232.6%
334.3%
416.3%
5. not at all8.1%

(9) What, in your opinion, are the biggest motivating factors for attracting and retaining staff? *(TICK ALL THAT APPLY)
ResponseTotal answers: 775
%
1. job security12%
2. career prospects10.3%
3. salary17.9%
4. training6.3%
5. work/life balance11.5%
6. private medical insurance0.9%
7. pension scheme3.5%
8. working conditions12.6%
9. interest in the job16.3%
10. interpersonal relations8.3%
11. other (please indicate via ‘Comments’ facility, if you wish)0.4%

(10) Sunny climes, Sunny times? In your experience, how does sunnier weather affect levels of productivity?
ResponseTotal answers: 172
%
1. significantly higher 1.2%
2. higher 16.9%
3. the same31.4%
4. lower45.9%
5. significantly lower4.7%

(11) 46% of all email sent worldwide is now reportedly unwanted junk. To what extent has the increase in junk email discouraged your use of email?
ResponseTotal answers: 172
%
1. significantly11.6%
213.4%
311%
414%
5. not at all50%

(12) With some firms actively extending payment dates, to what extent do you entertain requests for such extensions?
ResponseTotal answers: 172
%
1. frequently4.1%
27%
319.2%
435.5%
5. not at all34.3%