UK Small Firms that Celebrate Success See Faster Growth, Xero Study Finds
3 Articles
3 Articles
Two in five UK small businesses don’t celebrate their own successes
Xero has published new independent research revealing UK small businesses are missing out on the benefits of celebrating key achievements. The research showed that milestones often go unrecognised with only 43% of small businesses believing that it’s important to acknowledge wins, while two fifths (40%) admit they never celebrate, citing they’d never thought about doing so (64%).
UK small firms that celebrate success see faster growth, Xero study finds
British small business owners are being urged to shed their modesty and celebrate their wins after new research found those who do enjoy significantly faster growth. A study commissioned by accounting software firm Xero found that UK companies which actively marked milestones with staff saw average annual revenue growth of 30%, compared to just 19% for those that took a “keep calm and carry on” approach. The survey of 2,300 companies across seve…
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