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Summary There are around 4.8 million private sector and 81,000 non-profit enterprises in the United Kingdom. The 99% of these with fewer than 50 employees account for more than 1/3 of turnover and around 1/2 of jobs outside the public sector. Small businesses operate in a world that is iflooded with law. Thus, how they deal with problems with a legal dimension may be critical to their development and growth. This report sets out the findings of a survey of small businessesi experiences of, responses to and ability to cope with legal problems. The survey was conducted via the Internet by YouGov, with respondents drawn from YouGov online panel members. In all, the achieved sample for the Small Business Legal Needs Benchmarking Survey comprised 9,703 small businesses, of which 4,389 (45%) were single person businesses, 4,266 (44%) other micro businesses (fewer than 10 employees), and 1,048 (11%) other small businesses (fewer than 50 employees). The sector spread of the sample businesses was broadly in line with official estimates. 51% of businesses were sole traders, 35% private limited companies, 8% partnerships, and the remaining 6% had another legal status. Legal status varied considerably by size of business. Excluding single person businesses, 66% of businesses were family owned, 65% had a turnover of less than £100k (9% had a turnover of £1m or more), and 63% reported being profitable. These figures are similar to those reported from the BIS Small Business Survey.
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