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An increase in income from sales of goods or services compared to the previous year was shown by 35% of businesses, almost the same proportion of businesses as those that showed a decrease (34%). Over a third of businesses had a decrease in profitability compared to the previous year (37%).
Businesses that employed 200 or more persons were most likely to show a decrease in the total number of jobs or positions (26%), expenditure on information technology (10%) and social contributions (6%).
The proportion of businesses that showed an increase in income from sales of goods and services was greatest in the Financial and insurance services industry (44%). Conversely, businesses in the Manufacturing industry were more likely to indicate a decrease in income from sales of goods and services (52%).
For each of the performance indicators provided, innovation-active businesses were more likely to show an increase in an indicator or activity from the previous year than non innovation-active businesses. For example, innovation-active businesses were more than twice as likely to increase in productivity (33%) and the total number of jobs or positions (21%) as non innovation-active businesses (14% and 10% respectively).
Innovation-active businesses were five times as likely to show an increase in the range of goods or services offered compared to non innovation-active businesses (30% compared with 6%) and were more likely to increase in profitability than non innovation-active businesses (34% compared with 20%).
Further data relating to changes in business performance can be accessed via the Downloads tab.
BARRIERS TO GENERAL BUSINESS ACTIVITIES OR PERFORMANCE
These data provide information on barriers that significantly hampered business' activities or performance during the year ended 30 June 2013. A definition of what constitutes a significant level of hampering was not provided and businesses were not asked to rank barriers in order of significance.
Overall, 55% of businesses had at least one barrier that significantly hampered their general business activities or performance. The most common barrier hampering general business activities or performance was lower profit margins to remain competitive (27%).
Lower profit margins to remain competitive was a barrier to general business activities or performance for more than one in three businesses in the Manufacturing, the Wholesale trade and the Retail trade industries.
Businesses in the Manufacturing industry were the most likely to be hampered by a lack of customer demand for goods or services (30%), while businesses in the Financial and insurance services industry were the most likely to be hampered by government regulations and compliance as barrier (22%).
Further data relating to barriers to general business performance and barriers to innovative activity can be accessed via the Downloads tab.
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