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Surge in Growth of UK Micro-Businesses

6th October 2014

A report by insurance group RSA reveals that the number of micro-businesses in the UK has increased by over 40% since 2000.

Micro-businesses are firms which employ between 0 - 9 workers. The research by the RSA found that:

- 1.4 million micro- businesses have launched since 2000
- Zero-employee firms are the fastest growing business size
- 75% of UK businesses in 2013 were zero-employee firms
- The number of zero-employee firms in the UK has increased by 21% following the recession
- Medium-sized businesses are more likely to have got smaller (16.5%) than larger (3.6%) from 2008 - 2011
- All regions except London saw decreasing numbers of high-growth firms

As a specialist small business practice, Henry Reeves & Co. can help you start or develop your micro-business. Complete the enquiry form below to find out more.

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