We contacted 762 businesses and had a response of around 150 reasonably complete responses.
In terms of statistical validity, we have not weighted this survey to represent the underlying population.
The Underlying Population for Herts businesses by Turnover is
< £400k 80% – £400k to £2.5m 15% – £2.5m to £5m 3% – £5m to £10m 2% – Over £10m 1%.
Which tells us,(See graphs below) that the responses are skewed towards responses from larger businesses.
This survey was deliberately open ended to ensure we had not pre judged the market.
Click to Enlarge Images
We asked “What is the biggest single barrier to growth in your business?”
The broad responses were as follows
23% Finding the right staff
12% Tech issues
11% Business Rates and Local Authority Issues
5% Money and finance issues
Thank you to everyone who responded, especially for the detailed comments in many cases. You confidentiality is assured.
Obviously some issues are more sensitive than others, and we would not place strong reliance on this data.
However we will use it as an indication of where businesses are looking for help, and act accordingly.
Please watch this space.