After the online survey, which evaluates current attitudes, performance and objectives of entrepreneurs and their businesses is completed and analysed by Deloitte and the London Business School, a report, called 'Entrepreneurship UK: 2012/13,' will provide insight into the mindset and intentions of those who run the start-ups and small businesses that are vital to the economy.
Last year, Deloitte found that while the government thinks private business will help the country overcome the recession, the UK as a whole is failing to back entrepreneurial companies. They also reported that business growth is held back because banks are lending to low risk enterprises, instead of start-ups. Additionally, the government is supporting start ups, but medium-sized companies trying to grow still face many tax and regulatory burdens.
"We will be looking closely at the sentiment of business owners from across the UK, and are expecting to hear some good news despite tough market conditions," says Keith Willey, entrepreneurship expert and associate professor at London Business School.
"When we conducted our survey in 2011, over 90% of our respondents anticipated revenue growth in 2012,"says Mark Doleman, head of the entrepreneurial business practice at Deloitte. "The results of our 2012 survey will show whether entrepreneurs have been able to buck the gloomy trend of the UK economy and spearhead positive growth in these uncertain times."
The online survey, which takes just a few minutes to complete, is open until the end of July. The results and the report will be published in October. For more information and to complete the survey, click here.