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Small is BeautifulThe state and status<br />of Scottish SME’s<br />1100 locations | 500 cities | 85 countries<br />Present...
Overview<br />Is entrepreneurialism vital to the Scottish economy?<br />How well is entrepreneurial business being fostere...
Global Report<br />Regushas polled the opinions of:<br />10,000business respondents<br />5,600 business owners<br />Spanni...
How do we recognise entrepreneurialism?<br />Entrepreneurial success is an indicator for innovation and future wealth gene...
UK snapshot<br />In the UK - SMEs account for 60% of private employment and 49% of private sector turnover.<br />In the UK...
Focus on Scotland<br />Scotland is lagging behind the rest of the UK slightly with only 26% of SMEs looking to increase th...
Smaller businesses feel ignored<br />Scottish entrepreneurs feel ignored by government and ignored by the press<br />Nearl...
Stress levels rising<br />34% of respondents in Scotland declare that their stress levelshave risen markedly in thepast tw...
Serious Concerns<br />The top three causes of stress for entrepreneurs in Scotland are:<br />1 -Rising Taxes<br />2 - Fall...
Setting up business becoming more difficult<br />59% of entrepreneurs in the UK revealed that it has become more difficult...
Legal penalties for late payment<br />72% of entrepreneurs globally declared that legal penalties should be introduced for...
Entrepreneur’s hire more staff<br />26% of Scottish entrepreneurs intend to hire in the next 6 months<br />38% - UK averag...
Positive about hiring working mothers<br />26% Scottish entrepreneurs are looking to hire working mothers in 2011<br />Thi...
Better attitude towards flexible working<br />60% of Scottish Entrepreneurs are flexible about work location. <br />This m...
Conclusion<br />Is entrepreneurialism vital to the Scottish economy?<br />How well is entrepreneurial business being foste...
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Entrepreneurial Scotland

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Entrepreneurial Scotland

  1. 1. Small is BeautifulThe state and status<br />of Scottish SME’s<br />1100 locations | 500 cities | 85 countries<br />Presented by: Name | Date: Date<br />
  2. 2. Overview<br />Is entrepreneurialism vital to the Scottish economy?<br />How well is entrepreneurial business being fostered and supported in Scotland?<br />How does this affect overall UK economic development? <br />
  3. 3. Global Report<br />Regushas polled the opinions of:<br />10,000business respondents<br />5,600 business owners<br />Spanning 78countries<br />To obtain a snapshot of the global SME sector<br />
  4. 4. How do we recognise entrepreneurialism?<br />Entrepreneurial success is an indicator for innovation and future wealth generation.<br />Concerns and obstacles faced by SMEs are likely to have significant repercussions on the economy as a whole. <br />In the UK, £150m has been put aside for SMEs over the nextfour years<br />
  5. 5. UK snapshot<br />In the UK - SMEs account for 60% of private employment and 49% of private sector turnover.<br />In the UK 38% of entrepreneurs, compared to 34% of ‘all businesses’ intend to hire new staff in the next six months<br />
  6. 6. Focus on Scotland<br />Scotland is lagging behind the rest of the UK slightly with only 26% of SMEs looking to increase their head count in 2011<br />However this still positively compares against larger business with only 25% stating they are looking to increase headcount<br />
  7. 7. Smaller businesses feel ignored<br />Scottish entrepreneurs feel ignored by government and ignored by the press<br />Nearly nine in ten entrepreneurs (86%) feel that the interests of small and medium-sized enterprises are typically overlooked by government<br />UK average at 79%<br />
  8. 8. Stress levels rising<br />34% of respondents in Scotland declare that their stress levelshave risen markedly in thepast two years. <br />USA comes top of the table at 35%<br />France records the lowest proportion of business people experiencing a severe increasein workplace stress (10.6%)<br />
  9. 9. Serious Concerns<br />The top three causes of stress for entrepreneurs in Scotland are:<br />1 -Rising Taxes<br />2 - Falling Revenues<br />3 - Red Tape / New Regulations<br />
  10. 10. Setting up business becoming more difficult<br />59% of entrepreneurs in the UK revealed that it has become more difficult to launch a business in the past few years<br />
  11. 11. Legal penalties for late payment<br />72% of entrepreneurs globally declared that legal penalties should be introduced for late payment of invoices <br />Cash flow problems are the most likely cause of small business failures<br />
  12. 12. Entrepreneur’s hire more staff<br />26% of Scottish entrepreneurs intend to hire in the next 6 months<br />38% - UK average<br />Entrepreneurs in Scotland and the UK are more prepared to take the gamble for growth and hire new staff than larger companies<br />Globally 40% intend to hire new staff<br />
  13. 13. Positive about hiring working mothers<br />26% Scottish entrepreneurs are looking to hire working mothers in 2011<br />This the same %as those looking to hire new staff - suggesting that Scottish SME’s are not discriminating against working mums. <br />This is particularly pronouncedwhen you consider the UK whereonly 24% of businesses arelooking to hire working mum’sagainst 38% of SME businessas a whole employing new staff.<br />Over half (54%) of entrepreneurs declare that part time mothersare valuable to them<br />
  14. 14. Better attitude towards flexible working<br />60% of Scottish Entrepreneurs are flexible about work location. <br />This means they don’t have a place of work they attend every day - this includes mobile working, homeworking and flexible working across several locations. <br />74% - UK average<br />Globally, 76%of entrepreneurial<br />businesses offer flexible working<br />
  15. 15. Conclusion<br />Is entrepreneurialism vital to the Scottish economy?<br />How well is entrepreneurial business being fostered and supported in Scotland?<br />How does this affect overall UK economic development? <br />

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