Insight

The cost of doing business 2022q3 Data from the Small Business Price Index

ERC Insight paper

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  • Finance

Small businesses with less than 50 employees employ 12.9m people (48 per cent of total private sector employment) and account for 36 per cent of private sector turnover. The Small Business Price Index (SBPI) provides an indication of the cost of doing business among this critical group of firms.

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