When reviewing the data by industry sector, the UK has more than half a million retail businesses and over one million construction companies. However, the vast majority of UK businesses are part of the service sector, which is made up of a staggering 4.3 million businesses.
Overall, there was a net increase of 87,000 new businesses by the end of 2016 – taking into account those businesses which had ceased trading in the UK.
What does this mean for your business?
Wherever your business is located in the UK, you have probably realised that you face stiff competition. Furthermore, you will be confronted by other daunting challenges that are interfering with your business gaining traction in your marketplace
Understandably, you are wondering how to make your business stand out from the large and vociferous crowd to gain a competitive edge. How can you discover, attract and connect with the right audiences, and compel them to spend their hard earned cash on your ideas?