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01823617980 a c c ount s @pr e pa r e dme di a . c o. uk www. pr epa r edmedi a . c o. uk
J OBS I NSI DE !
24t hJ ul y2017
1. 4mi l l i onUK j obsatr i ski nnext5year sas363, 000 smal lbusi nessespl ant oceaset r adi ng Ov er1. 4mi l l i onj obsar eatr i s kas363, 000s mal l bus i nes s es pl ant os t opt r adi ngi nt henex tf i v ey ear s ,ac c or di ngt oas ur v ey c ommi s s i onedbybus i nes sf ors al emar k et pl ac eBi z daq ( www. my bi z daq. c om) . Bus i nes s esc l os i ngatal ar mi ngr at e-363, 000s mal l bus i nes s owner spl ant oc eas et r adi ngi nt henex tf i v ey ear s 1. 4mi l l i onj obsundert hr eat-Wi t ht heav er ages mal l bus i nes s esempl oy i ngj us tov er4empl oy ees ,t her ear e1. 4 mi l l i onj obsatr i s k Sel l i ngal s oonagenda-Af ur t her510, 000bus i nes sowner s pl anons el l i ngi nt henex tf i v ey ear s Labourl os i ng109, 000s mal l bus i nes sv ot es-Numberofs mal l bus i nes s esv ot i ngLabourl owert hanatt hel as tel ec t i on Youngent r epr eneur sc l os i ngduet oBr ex i tf ear s-35% ofy oung ( 1834y earol d)s mal l bus i nes sowner sar ec l os i ngduet oBr ex i t -t hemos tc ommonr eas oni nt heagegr oup Br i t ai n’ ss mal l bus i nes s esdowns i z i ngors t agnat i ngs i nc el as t el ec t i on–65% ofs mal l bus i nes s ess ayt hey ’ v eei t hers een negat i v ef i nanc i al gr owt hornogr owt hatal l s i nc et hel as t el ec t i on Ther es ear c h,c onduc t edf orBi z daqbyOpi ni um,f oundt hatov er 363, 000s mal l bus i nes s espl ant oc eas et r adi ngi nt henex tf i v e y ear s ,wi t ht heav er ages mal l bus i nes sempl oy i ng4peopl e.A f ur t her510, 000s mal l bus i nes sowner spl ant os el l t hei r bus i nes sov ert hes ameper i od. Oft he1. 4mi l l i onj obsatr i s kf r om bus i nes sc l os ur es ,529, 000of t hos ewi l l beatr i s ki nt henex t12mont hs ,asbus i nes s esc eas e t r adi ngatanal ar mi ngr at e. Smal l bus i nes sowner si nt heNor t hEas twer ef oundt obet he mos tl i k el yt ol eav et hei rbus i nes si nt henex tf i v ey ear s ,wi t h 29% pl anni ngt oex i t .Thos ei nt heWes tMi dl andswer er ev eal ed t obehappi es ti nt hei rbus i nes s ,wi t honl y14% c ons i der i ng ex i t i ng. Thes ur v eyf oundBr ex i tunc er t ai nt yi st hel eadi ngc aus eof bus i nes sc l os ur esf ory oungbus i nes sowner s ,wi t h35% of y oungent r epr eneur s( r es pondent saged1834)ex i t i ngt hei r bus i nes sbec aus eofBr ex i t .Thi sf i gur edr oppedt o9% i n3554 y earol ds ,andj us t3% f ors mal l bus i nes sowner saged55+, s howi ngol dergener at i onsar en’ tasc onc er nedbyt hev ot et o l eav e. Rel eas ef r om Bi z daq .
Smal lbusi nessesvot i ngConser vat i ve Wi t ht heGener al El ec t i ondr awi ngc l os er ,s mal l bus i nes s owner sar ec l earonwhot heywanti npower .37% s ai dt hey pl ant ov ot eCons er v at i v e,wi t hj us t19% v ot i ngLabourand 1 1% v ot i ngLi ber al Democ r at . Labour ’ ss mal l bus i nes ss uppor thaser odeds i gni f i c ant l y f ol l owi ngt hel as tel ec t i on,wi t ht hepar t yl os i ng109, 000s mal l bus i nes sv ot esasLabour ’ ss uppor thasdr oppedf r om 21% t o 19%.I ndeedt hes ev ot ess eemi ngl yt r ans f er r edt ot he Cons er v at i v esast hei rs uppor tgr ewby2% t o37% f ol l owi ng t hel as tel ec t i on. I nt er es t i ngl yt heNor t hSout hdi v i dei snol ongerpr ev al ent ei t her ,wi t hLabourl os i ngt hes uppor tofs mal l bus i nes sowner s i nt heNor t hWes tandYor k s hi r er egi onst ot heCons er v at i v es . Asr ef l ec t edi nt hegener al publ i c ,t her ei sagener at i ongapi n v ot i ng,wi t hy oungers mal l bus i nes sowner sgi v i ngonl y20% of t hei rv ot et heCons er v at i v es .Thi si sc ompar edt o35% and47% f r om t hos eaged3554and55+r es pec t i v el y . Des pi t et hi si nc r eas ei ns uppor tf ort heCons er v at i v epar t y ,65% ofs mal l bus i nes sowner ss ayt hatt heyar eei t herdoi ngno bet t erorar edoi ngwor s ef i nanc i al l yt hanatt hepr ev i ous el ec t i on. SeanMal l on,CEO ofBi z daq,s ai d,“ Fort ool ong,har dwor k i ng s mal l bus i nes sowner sandt hei rempl oy ees ,whounder pi nt he Br i t i s hec onomy ,hav ebeenl ef twi t houtt hes uppor tandadv i c e t heydes er v ef r om t hegov er nment .Gi v ent hegov er nment ’ s c ont i nuedc ampai gnf orj obc r eat i on,i t ’ samaz i ngs ol i t t l ei s bei ngdonet opr es er v et henumberofex i s t i ngj obsatr i s k wi t hi nBr i t ai n’ ss mal l bus i nes s es . I t ’ sc l eart hats mal l bus i nes sowner sar eundec i dedont he i mpac tofl eav i ngt heEU,howev ert hes t ar t l i ngf ac tt hatour y ounges tent r epr eneur sar emos tner v ouspai nt sawor r y i ng pi c t ur e. Ir ec ent l ywr ot et ot hes mal l bus i nes smi ni s t er ,Mar gotJ ames , t oas kwhatt hegov er nmenti sdoi ngt ohel ps mal l bus i nes s owner sandt hei rempl oy eesont hi smat t eranddi s appoi nt i ngl y t heans werwasv er yl i t t l e.I nf ac t ,Iwast ol d“ t hi sac t i v i t yi sbes t l ef tt ot hepr i v at es ec t ort odec i dewhatt odo”ont hi st opi c . Wi t h1. 4m j obsatr i s k ,andal i t t l eawar enes sar oundt he pr es er v at i onofgr eatbus i nes s esandt hej obst heyc r eat e,I woul ds ugges tt hegov er nments houl dbedr i v i ngt hi sagenda. ” Mor ei nf or mat i onont her epor tc anbef oundher e: ht t ps : / / www. my bi z daq. c om/ s mal l bus i nes s c l os ur er epor t 2017