The report titled Small Business Metrics: Banking for Small Businesses in the UK is one of two publications in the Small Business Metrics portfolio for the UK developed in conjunction with Tpoll (www.tpoll.com). Based on an on-line survey of 1,325 small business owners and self-employed individuals, the study provides fresh and detailed insights into the market for providing a range of business banking services to the approximately 4.66 million b...
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The report titled Small Business Metrics: Banking for Small Businesses in the UK is one of two publications in the Small Business Metrics portfolio for the UK developed in conjunction with Tpoll (www.tpoll.com). Based on an on-line survey of 1,325 small business owners and self-employed individuals, the study provides fresh and detailed insights into the market for providing a range of business banking services to the approximately 4.66 million businesses with fewer than 100 employees in the UK. In addition to providing a comprehensive analysis of the results across all respondents, the publication also breaks out the findings for key trade categories in the small business market, namely: building and construction; child or pet care; education or training; healthcare or related services; hotels, restaurants, cafés and pubs; I.T. services; logistics, motor trades or transportation; media, marketing or entertainment; professional or financial services; property management or rental; retailing or high street services; and other consumer or business services. Moreover, the research also provides clear answers to key issues in the market for banking for small businesses including propensity to strike up relationships with more than one bank, likelihood of changing the provider of the main business current account during the next year and actual switching of the provider of the main business current account during the last 12 months. You may be able to use this report in one or more of the following ways: gain detailed insights into how the requirements and behaviour of small businesses vary in accordance with key categories of customer and how many small businesses make use of a range of business banking services other than business current accounts; understand the frequency with which small businesses actually do change the provider of their main business current account; evaluate the degree to which banking sector consolidation threatens to create an uncompetitive and almost unbreakable oligopoly in the market for small business banking; assess the strengths and weaknesses of the UK’s leading business banks and understand their apparent ability to win and retain new customers; comprehend the true potential for establishing partnerships with commercial affinity groups for the distribution of business banking services. For further information about this report, please download the table of contents and report prospectus by clicking on the following links or, alternatively, e-mail info@finaccord.com.
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