How Small Businesses Help the Economy
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Transcript of How Small Businesses Help the Economy
![Page 1: How Small Businesses Help the Economy](https://reader031.fdocuments.us/reader031/viewer/2022030204/58a934bc1a28ab3f778b5c69/html5/thumbnails/1.jpg)
SME SUMMARY OF 2015As the number of private sector businesses reached a record of 5.4 million, we look at how they have grown.
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SMALL BUSINESSES ACCOUNT FOR 99.3% OF ALL PRIVATE SECTOR BUSINESSES
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INCREASE IN THE NUMBER OF BUSINESSES SINCE 2000
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1 IN 4 FIRMS REPORT REVENUE GROWTH IN THE LAST THREE MONTHS OF 2015 – THE HIGHEST SINCE 2010
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COMBINED ANNUAL TURNOVER OF SMES
OF PRIVATE SECTOR TURNOVER IN THE UK
SMES ACCOUNT FOR
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THE OVERALL BUSINESS POPULATION INCLUDES THREE MAIN LEGAL FORMS
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SMALL AND MEDIUM-SIZEDENTERPRISES (SMES) ACCOUNTED FOR MORE THAN HALF OF EMPLOYMENT IN THE UK
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THE NUMBER OF STAFF EMPLOYED BY SMES
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