Majority of SMEs employ just one person

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Nearly two-thirds of small businesses only employ one person, according to a new study.

Over 2,500 small to medium-sized enterprises (SMEs) were surveyed by outsourcing website freelancer.co.uk, which found 72 per cent of them were confident of keeping staff costs down as a result of being able to employ people as and when they were needed.

The results certainly suggest that SMEs are more willing to employ workers for short-term jobs.

Another finding was that 41 per cent of businesses were able to hire people on a short-term basis as the internet allows for the availability of a remote workforce – making it possible for firms to take on marketing and sales staff, legal advisors, accountants and many more with confidence.

European director of freelancer.co.uk Bill Little said: “The survey shows that it is easier for businesses to set up without worrying about having expensive staff costs that can drain resources and ultimately lead to a quick bankruptcy.”

Posted by the Secret Businessman