Nearly a third of small and medium-sized enterprise (SME) owners have admitted in a new survey that they are losing their enthusiasm for their businesses, which could prompt a rise in the number of companies being put up for sale.
The SME Pulse research project, carried out by insurance company Aviva, found that a quarter of small business owners were considering returning to work as an employee, while some 32 per cent said that they no longer had the enthusiasm for their businesses that they once had.
Around a half of the 500 people surveyed said that life as a business owner in the current economic climate was too tough, while 26 per cent admitted that they simply no longer enjoyed their roles.
Aviva’s commercial product manager, David Bruce, said that SMEs were sitting in the level of business that perhaps has the most gloomy outlook at the moment.
“The mood continues to be downbeat about the economy as 2012 begins,” he said. “Businesses are struggling against a backdrop of consumers spending cuts and many don’t envisage an improvement to the situation in the next six months.”
Half of the respondents also said that they had had significant difficulty in accessing funding to help grow their companies. 
A wireless communications company based in Edinburgh, has fallen into administration, with administrators now marketing the company’s assets, including its intellectual property portfolio, for sale. Offers are invited.
This international organisational consulting and training business boasts over two decades of success, leveraging a prestigious PMI authorisation to provide top-tier project management training worldwide. With a unique partner-led model and significa...
This is a well-established brand and creative agency located in Yorkshire, known for its strong reputation and tailored campaigns that cater to a diverse client base, including prestigious blue-chip organisations.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.