2011 UK SME Trends Survey Launched by Simply Business

Drawing on its large customer base of over 170,000 small to medium sized enterprises, Simply Business will be asking SME owners to help build a comprehensive picture of their industry. The Trends Survey will cover topics including marketing spend, investment in cloud computing, projected revenue, funding sources, headcount changes, sales and finance plus other priorities and predictions for the next twelve months.

Findings will be published on the Simply Business website in October 2011. The survey is open to all small to medium size businesses and data will be collected anonymously to protect contributors.

Jason Stockwood, CEO at Simply Business said:

“We’re keen to build an accurate picture of the current state of the UK economy from a small business owner’s perspective. We feel it is vital that small business owners are given a voice – particularly when you consider that SMEs account for 99.9 per cent of the total enterprises in the UK and provide over 59 per cent of the jobs in the private sector*. They really are the backbone of the UK economy.”

Any UK business owner who would like to take part can complete the survey online in less than 10 minutes. All respondents will be entered into a draw to win a Kindle and Kindle Book gift certificate.

Notes to Editors

*Taken from the Business Population Estimates for the UK and Regions 2010 issued by the department for Business Innovation and Skills, published by the ONS.

For further information, please contact:

Anna King, Elisabeth Middlemas or Sophie Howard
020 7009 3128

About Simply Business

Simply Business is the UK’s biggest business insurance provider, specialising in public liability insurance for SMEs and landlord insurance.

Launched in 2005, Simply Business provides an online brokerage service delivering policies tailored to individual business requirements. It has a team of UK based insurance specialists and employs almost 300 people across offices in London and Northampton.

Simply Business provides insurance to more than 400,000 UK SMEs and landlords and owing to its internal underwriting capability can cover over 1,000 trade types. It has been a Sunday Times Tech Track 100 company for the past three years and was recently named in the Deloitte Technology Fast 500 EMEA. Revenues have grown from £4.2 million in 2006, to £25.4 million in 2014, and the company has been named 2015 and 2016 winners of The Sunday Times’ Best Company to Work For.