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
"This association was started with a lot of effort from a few local businessmen and has proved to be a very powerful and useful tool for our business. The BHBPA has influence at the top level; when action is needed, the BHBPA gets it done. We are kept in touch with all that is happening on our doorstep and will often act because of what is published in the weekly emails / newsletters."
"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."
""BHBPA is a really well organised and run group, great for networking and benefitting from knowledgeable local speakers with real business insight. Peter brings enthusiasm and humour which helps drive the association forward. I am glad to be part of it.""
"I am delighted to have a long-standing relationship with the BHBPA. Since its foundation the Association has gone from strength to strength and there is no doubt that it has brought huge benefits to its members and the business community as a whole through the partnerships it has formed with the local authorities, Sussex Police and local organisations. It is paramount that Burgess Hill businesses have an effective collective voice."