UK: SME current challenges 2016-2018

Most important challenges the SME faces in the United Kingdom (UK) from February 2016 to January 2018*

UK: SME current challenges 2016-2018 This statistic shows the most important challenges small and medium enterprise (SME) face in the United Kingdom (UK) from February 2016 to January 2018. From the responding SMEs in January 2018, 79 percent stated that their most important challenge was attracting new customers and 27 percent the uncertainty over the economic conditions to be a challenge.
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Most important challenges the SME faces in the United Kingdom (UK) from February 2016 to January 2018*

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Attracting customersMaintaining profitabilityUncertainty over economic conditionsRetaining/recruiting skilled employeesDeveloping new products/innovationFinding/working with suppliersSecuring financing for business as usualSecuring financing for expansionOther government regulations (e.g., compliance, technical regulation, patents, reporting)Tax laws and rulesIncreasing revenueRegulatory and other barriers to exports **Selling to foreign markets **Other
Feb '16 79%49%20%17%21%15%14%15%14%18%57%3%-4%
Mar '16 77%49%22%19%22%16%15%16%16%20%54%4%-4%
Apr '16 78%55%26%15%20%17%16%19%13%17%60%2%-6%
May '16 79%49%22%15%20%18%15%21%18%18%51%5%-4%
Jun '16 81%48%21%20%20%13%14%11%15%16%54%3%-3%
Jul '16 81%49%30%12%19%17%12%14%13%16%54%4%-3%
Aug '16 75%45%25%17%18%13%14%14%13%17%53%4%-5%
Sep '16 78%48%23%15%22%15%14%14%14%17%53%2%-5%
Oct '16 79%50%28%16%19%16%17%16%16%14%56%-8%4%
Nov '16 78%51%31%20%19%19%14%12%18%17%53%-8%5%
Dec '16 75%46%29%15%20%18%15%16%14%15%59%-9%4%
Jan '17 80%52%28%18%21%14%15%14%14%18%59%-9%4%
Feb '17 78%47%28%15%18%17%15%17%13%17%52%-8%3%
Mar '17 74%48%25%16%22%18%15%17%16%20%53%-8%3%
Apr '17 81%53%28%14%20%16%14%18%18%20%61%-7%4%
May '17 77%48%29%18%17%16%14%17%18%19%56%-10%4%
Jun '17 77%53%31%19%23%20%17%19%16%20%60%-12%5%
Jul '17 76%54%31%20%21%16%12%16%16%18%58%-8%6%
Aug '17 78%52%29%15%20%18%16%17%14%19%56%-7%5%
Sep '17 81%57%29%18%21%15%15%18%18%19%59%-8%6%
Oct '17 80%53%30%21%22%17%13%16%16%21%55%-7%5%
Nov '17 79%54%32%19%21%16%16%15%17%17%58%-8%4%
Dec '17 80%49%29%19%19%16%14%16%17%18%60%-8%4%
Jan '1879%51%27%15%19%13%13%15%16%16%59%-8%6%
Attracting customersMaintaining profitabilityUncertainty over economic conditionsRetaining/recruiting skilled employeesDeveloping new products/innovationFinding/working with suppliersSecuring financing for business as usualSecuring financing for expansionOther government regulations (e.g., compliance, technical regulation, patents, reporting)Tax laws and rulesIncreasing revenueRegulatory and other barriers to exports **Selling to foreign markets **Other
Feb '16 79%49%20%17%21%15%14%15%14%18%57%3%-4%
Mar '16 77%49%22%19%22%16%15%16%16%20%54%4%-4%
Apr '16 78%55%26%15%20%17%16%19%13%17%60%2%-6%
May '16 79%49%22%15%20%18%15%21%18%18%51%5%-4%
Jun '16 81%48%21%20%20%13%14%11%15%16%54%3%-3%
Jul '16 81%49%30%12%19%17%12%14%13%16%54%4%-3%
Aug '16 75%45%25%17%18%13%14%14%13%17%53%4%-5%
Sep '16 78%48%23%15%22%15%14%14%14%17%53%2%-5%
Oct '16 79%50%28%16%19%16%17%16%16%14%56%-8%4%
Nov '16 78%51%31%20%19%19%14%12%18%17%53%-8%5%
Dec '16 75%46%29%15%20%18%15%16%14%15%59%-9%4%
Jan '17 80%52%28%18%21%14%15%14%14%18%59%-9%4%
Feb '17 78%47%28%15%18%17%15%17%13%17%52%-8%3%
Mar '17 74%48%25%16%22%18%15%17%16%20%53%-8%3%
Apr '17 81%53%28%14%20%16%14%18%18%20%61%-7%4%
May '17 77%48%29%18%17%16%14%17%18%19%56%-10%4%
Jun '17 77%53%31%19%23%20%17%19%16%20%60%-12%5%
Jul '17 76%54%31%20%21%16%12%16%16%18%58%-8%6%
Aug '17 78%52%29%15%20%18%16%17%14%19%56%-7%5%
Sep '17 81%57%29%18%21%15%15%18%18%19%59%-8%6%
Oct '17 80%53%30%21%22%17%13%16%16%21%55%-7%5%
Nov '17 79%54%32%19%21%16%16%15%17%17%58%-8%4%
Dec '17 80%49%29%19%19%16%14%16%17%18%60%-8%4%
Jan '1879%51%27%15%19%13%13%15%16%16%59%-8%6%
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This statistic shows the most important challenges small and medium enterprise (SME) face in the United Kingdom (UK) from February 2016 to January 2018. From the responding SMEs in January 2018, 79 percent stated that their most important challenge was attracting new customers and 27 percent the uncertainty over the economic conditions to be a challenge.
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