Thursday 6 October 2011

10 elements of entrepreneurship



01 Only 39% of entrepreneurial businesses have a ‘very good idea’ of their competitors’ business.
-- Deloitte Entrepreneurship UK 2009 Report


02 A latent pool of hidden innovators (over 50s, ethnic minorities, the disabled) could potentially add £15 billion to the UK economy by 2012 if the right conditions were created.
-- Cass Business School Centre for New Technologies, Innovation and Entrepreneurship.


03 There are around 4.8 million private sector enterprises in the UK, employing 22.8 million people with an estimated combined annual turnover of £3,200 billion.
-- http://stats.bis.gov.uk/ed/sme/Stats_Press_release_2009.pdf


04Small and medium-sized enterprises together account for 99.9% of all UK enterprises, 59.8% of private sector employment and 49% of private sector turnover.
-- http://stats.bis.gov.uk/ed/sme/Stats_Press_release_2009.pdf

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