The real value of micro-businesses to the UK economy

Estimated reading time: 1 minute , 30 seconds

As a small business owner, it’s easy to recognise the value you deliver to your customers and community. But what about the impact your micro-business has on the wider economy?

While they may not generate the headline-worthy annual profits of large corporations, micro-businesses – like yours – are vital to the strength of economies around the world, especially here in the UK.

Vistaprint has created The Global Micro-Business Impact report to shine a spotlight on just how important micro-businesses are on a macro level. When you look at the numbers, it’s overwhelming – with 96% of UK businesses classified as micro.

The infographic below looks at some of the key findings from our report and shows how the UK compares to other economies. It’s clear Britain has an entrepreneurial spirit and our economy relies heavily on businesses like yours.

the value of micro business infographic