Quarterly survey of small business in Britain 2005 Q3

Quarterly survey of small business in Britain 2005 Q3
Document type
Survey
Corporate author(s)
Open University Business School. Small Business Research Team
Publisher
Open University Business School
Date of publication
1 October 2005
Series
Quarterly Survey of Small Business in Britain. Vol. 21; Number 3
Subject(s)
Small business & enterprise: the practicalities of running a small business and the theory of entrepreneurship
Collection
Business and management
Material type
Reports

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This survey of small businesses conducted in September and October 2005 reveals that twice as many small firms have broadband ADSL as two years ago, making this the most common means of SMEs connecting to the internet. Implementation of wireless networking/access has also doubled over the same period and is expected to continue this growth. While Internet email is almost ubiquitous, over one-third of SMEs do not have a web-site. Expectations of significant growth in the proportion of SMEs allowing on-line payments have again not been fulfilled. The economic climate continues to worsen. Small firms' sales performance has become negative, though employment and investment remain stable and inflationary pressures persist. Hotels & restaurants have performed better and are more optimistic than other small firms.

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