Not a lot of people know that!

In business we all need good market statistics but do we always go to the right source. UK Government has a host of valuable data and, although it is sometimes difficult to work through, its provenance is outstanding.

I am always being asked by PAs if I know how many businesses there are in the UK, how many employ more than 100 people, how many people they employ in total and what there collective turnover is? [Actually, the questions are usually more specific but these seem like interesting ones to use to make a point.]

The answers are; 4,679,000 businesses, only 15,465 employ more than 100 staff, collectively the 4.7 million business create employment for 22,734,000 people (so the average UK business employs just 5 people) and collectively they turnover £2,740,000,000,000 (making the average turnover £585K per business).

APA Members can access the Knowledge Zone within the Members area of the website for more information and a down-loadable Excel File giving additional detail.

Gareth