Small firms snub growth in favour of consolidation

Over a third of Britain's small firms want their business to stay the same size, or at least do not want to recruit any more employees, according to the latest NatWest/SERTeam Quarterly Survey of Small Business.

The proportion of older respondents wanting to remain at their current size is even higher (41%).

Half of Britain's small businesses prefer to measure business growth by the number of sales that they generate, 38% base it on profits and far fewer (2%) measure it in terms of market share

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