Posted on 11th May 2016
SMEs improve business performance, Kingston Smith research shows
Business performance has improved for over two thirds of small and medium-sized enterprises (SMEs) compared to three years ago with increased turnover, profitability and staff numbers. This is according to Kingston Smith’s fourth report in its SME Success series, ‘Winning New Business’, which surveyed over 1,000 SMEs, researching how they attract new business.
Interestingly, areas outside of London and the South East have shown similar improvements in business performance to those within the South East. However, turnover growth differs greatly by sector, with Information & Communication, Finance & Insurance Activities and Transport & Storage leading the way.
Paul Samrah, partner at Kingston Smith in Redhill comments, “This data backs up what we know about Mid Sussex SMEs; they are thriving, growing and have a critical role to play in driving the UK economy. Much of the improved business performance can be attributed to these SMEs demonstrating tenacity, drive and commitment to finding innovative ways of winning business.”
The survey shows that face-to-face networking emerged as the highest rated method of building contacts and boosting relationships. Paul comments, “This finding validates the excellent work that Burgess Hill Business Park Association events continue to run in support of the Mid Sussex region.”
For further information or to request a copy of the report, please email Paul Samrah at email@example.com
"If Carlsberg did networking they would do it the BHBPA way. Each event is packed with great ideas, thought provoking presentations and fun. As a small business we feel supported and part of the community. We have built friendships and business relationships and there is always plenty of advice on hand to benefit us all so don’t hesitate to join whatever the nature of your business. "
"The BHBPA is an energetic and vocal organisation that connects and empowers and informs the local business community acting as an effective conduit to local authority and other organisations. We are proud to be part of that community and the association."
"Regular, well organised events, excellent updates and information by email along with a warm welcome from the Chair and Coordinator are just some of the positives at BHBPA."
"As MP for Mid Sussex I believe passionately in the importance of a vibrant local business community in order to create and sustain fantastic opportunities that enable people to meet their responsibilities, prosper and fulfil their potential. I am committed to collaborating with BHBPA and others to be an effective collective voice for Burgess Hill."