Close

Choose your country

Or view all businesses for sale

Worldwide

smallbixoptimismhero

Small business optimism high for 2016 according to eBay and YouGov

New research reveals that UK SME’s are planning to increase employment, export and expand their product offering in a bid for growth in 2016.

New research reveals that UK SME’s are planning to increase employment, export and expand their product offering in a bid for growth in 2016.

Small businesses accounted for 99.3% of all UK-based private sector businesses at the beginning of 2015 according to the FSB - 200,000 of which are supported by e-commerce giant’s eBay. 

A new study conducted by online marketplace eBay and YouGov reveals that small business optimism is at a high for the New Year.

The survey of 400 retailers showed that 49% of small online businesses were confident about their prospects for the New Year, and only 22% were left feeling pessimistic about the UK economy and their trading forecasts.

The study revealed that one in eight firms expected to hire new staff in 2016 resulting in thousands of new jobs in the UK.

Furthermore, 13% of small online businesses are expecting to expand their reach to global markets over the next 12 months adding to their already prevalent global shipping programme.

It also showed that 40% of those surveyed felt confident enough to expand their product offering in the coming months.

These encouraging statistics continue to show the continuing growth of the UK’s e-commerce sector which generated approximately £573 billion in sales (up from £561 billion in 2013).

Commenting on the survey Kit Glover, Director of Professional Selling at eBay UK stated: 

“The business community should be very encouraged by the findings of our Small Business Optimism Index. Despite a tough retail environment, the fact that digital small businesses are looking to expand their product offerings, export to more foreign markets and thus employ more people here in the UK can only be a good thing.”

If you enjoyed this article, sign up for a *free* BusinessesForSale.com account to receive the latest small business advice, features, videos and listings directly to your inbox!



Melanie Luff

About the author

Mel wrote for all titles in the Dynamis stable including BusinessesForSale.com, FranchiseSales.com and PropertySales.com as well as other global industry publications.

@Be_TheBoss

Subscribe to our email updates

Sign up to receive the latest advice, most popular businesses, special offers and much more.

I'm interested in


BusinessesForSale.com is committed to protecting your privacy. We will use the information you provide on this form to send you marketing emails . Find out more about what we do with your information in our Privacy Policy.
Marketing Emails: You will receive newsletters, advice and offers about buying and selling businesses and franchises. We will also send you information about events relating to buying, selling or running a business.

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here