Survey Results
 
 
       

Survey BB70 :
The March survey asks for your views upon absenteeism, insurance, the Budget, risk of failing and entrepreneurship ‘running in the family’.


Question NumberQuestion
Q1Is absenteeism a problem for your business?
Q2Given the risks in your business, to what extent do you feel you are appropriately insured?
Q3After 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?
Q4In your opinion, which aspects of the budget will be most advantageous to you as a business? Use the space provided to submit your views. Please enter ‘null’ if making no comment **RESPONSES WILL BE PUBLISHED SEPARATELY AT A LATER DATE**
Q5In your opinion, which aspects of the budget will be most disadvantageous to you as a business? Use the space provided to submit your views. Please enter ‘null’ if making no comment **RESPONSES WILL BE PUBLISHED SEPARATELY AT A LATER DATE**
Q6Compared to this time last year, do you think the risk of your business failing is:
Q7Many argue that entrepreneurship “runs in the family”. When you were young, did any of your immediate family or close relatives run a business?
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) Is absenteeism a problem for your business?
ResponseTotal answers: 155
%
1. unproblematic34.8%
220.6%
39.7%
412.3%
5. highly problematic3.9%
6. not applicable18.7%

(2) Given the risks in your business, to what extent do you feel you are appropriately insured?
ResponseTotal answers: 155
%
1. significantly underinsured 3.2%
211.6%
363.2%
420%
5. significantly overinsured 1.9%

(3) 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: 155
%
1. significantly positive  0.0%
2. positive1.9%
3. neutral57.4%
4. negative33.5%
5. significantly negative7.1%

(4) In your opinion, which aspects of the budget will be most advantageous to you as a business? Use the space provided to submit your views. Please enter ‘null’ if making no comment **RESPONSES WILL BE PUBLISHED SEPARATELY AT A LATER DATE**
Response
NO IMMEDIATE INCREASE IN FUEL TAX 

No Punitive measures against Business 

Most of our work is undertaken manually so the cost of labour is more important.

Paying tax credits directly by Inland Revenue.

No change to Directors Dividends 

Cannot see any advantages as present for small businesses, just more expense 

Stability of economy Sustained level of government expenditure 

R&D; Tax Credits 50% allowances 

Proposal to merge Customs & Excise and Inland Revenue 

Changes to R & D Tax Credits to increase range of chargeable costs 

More changes mean more confusion.

Lack of encouragement to invest 

Nothing positive for small businesses. Having encouraged us to be incorporated now small businesses are penalised 

It really does not matter want the individual person in the street thinks.

Once the government has been voted in they do want they what no matter want they promised before.

(5) In your opinion, which aspects of the budget will be most disadvantageous to you as a business? Use the space provided to submit your views. Please enter ‘null’ if making no comment **RESPONSES WILL BE PUBLISHED SEPARATELY AT A LATER DATE**
Response
Tax on dividends 

Continued level of public expenditure likely to lead to tax increases once the next election is over 

No solution for reducing red tape and increasing the burden on business.

Increase in vehicle fuel tax 

Any attempts at retrospective closing of tax avoidance schemes activities plus the sinister requirement for tax avoidance schemes to be "registered" with the inland revenue.

The budget has no advantages to us as a cigarette machine operator.

Minimum wage up more than inflation - further pressure on costs.

No real tackling of the rates problem or the Civil Service pensions future problems.

At least he will reduce numbers in the taxes and customs departments - but will make smaller businesses more unpaid tax collectors!

19% tax on distributed profits.

Tax costs increases 

Corporation tax changes 

Taxation of dividends

This would appear to reduce our profits after tax by £1900.

Loss of jobs in the civil service, which is my major client 

(6) Compared to this time last year, do you think the risk of your business failing is:
ResponseTotal answers: 155
%
1. much greater 1.9%
2. greater 18.7%
3. the same 45.2%
4. lower 27.1%
5. much lower7.1%

(7) Many argue that entrepreneurship “runs in the family”. When you were young, did any of your immediate family or close relatives run a business?
ResponseTotal answers: 155
%
Yes42.6%
No57.4%

(8) To what extent is your business constrained by skill shortages?
ResponseTotal answers: 155
%
1 Highly5.8%
228.4%
325.8%
421.9%
5 Not at all18.1%

(9) To what extent is your business constrained by a lack of finance?
ResponseTotal answers: 155
%
1 Highly9.7%
228.4%
325.2%
420%
5 Not at all16.8%

(10) To what extent is your business constrained by low market demand?
ResponseTotal answers: 155
%
1 Highly14.8%
227.1%
330.3%
420.6%
5 Not at all7.1%

(11) Over the last 3 months, has your business:-
ResponseTotal answers: 155
%
Expanded significantly (more than 10%)18.1%
Expanded somewhat (between 5% to 10%)24.5%
Remained static41.3%
Declined somewhat (between 5% to 10%)13.5%
Declined significantly (more than 10%)2.6%

(12) Over the next 3 months, do you expect your business to:
ResponseTotal answers: 155
%
Expand significantly (more than 10%)16.1%
Expand somewhat (between 5% to 10%)43.9%
Remain static30.3%
Decline somewhat (between 5% to 10%)9.7%
Decline significantly (more than 10%) 0.0%