Experian Insight Report, Q4 2010 - Tomorrow's champions: finding the small business engines for economic growth
The latest Insight Reports from Experian focuses on growth in the private sector and particularly employment growth. What drives businesses to become ‘champions’? Can we identify them? What can government, banks and the companies themselves do to increase the numbers of champions?
In this report we will discuss how some of the well held beliefs may not be accurate; or are only a piece of the puzzle. Is it about sector or region or start-ups? What indicates potential and what does this mean for government, financing institutions and companies themselves?
We remain optimistic about the business base of the UK and its potential to generate employment growth. We believe that there are opportunities to better identify and support the relatively small number of companies that can generate millions of new jobs. And we believe the benefits of a more systematic approach will be legion.