We’re delighted to announce the latest edition of our award winning bi-annual business protection research report, ‘State of the Nation’s SMEs’.
Now in its eighth year, our most recent research delivers key insights into the SME market and highlights the serious protection gap facing UK businesses and the subsequent need for expert financial advice.
Our findings will help you drive the right conversations with business owners on business risk and enable you to capitalise on new and existing opportunities in this space.
Key findings include:
- 53% of the UK’s small businesses think they would cease trading in less than a year, should a key employee die or be diagnosed with critical illness and unable to work.
- 65% have some form of debt with borrowing increasing 14% on 2013.
- 51% of UK business owners leave no instructions about company shares in a Will.
Take a look at our full report and keep an eye out for further support, literature and seminars throughout the year to help you to inform business on the financial risks they may face and how we can help financially protect them.
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