and medium sized
employ over 7
A force to be reckoned with
Whilst the vast majority of privately owned ‘SMEs’ are micro-businesses employing less than 9 people (many being sole traders) there is a significant and growing group of small-to-medium sized businesses that employ between 10-249 people.
In 2017 this group totalled just under a quarter of a million companies, with a combined turnover of just over £1billion. That’s a meaningful contribution to the UK economy. But what holds them back is the need for experienced help in developing their strategies and growth plans.
That’s where we come in.
Primaverita was created to provide easy access to expertise that helps these ambitious companies work with a range of business specialists so that they have the chance to realise their full growth potential and help them be the ‘Large’ businesses of tomorrow.
And why is this important? Well in 2017 there were only 7 privately owned businesses in the UK with over 250 employees in 2017*. We think the future independent wealth generation in the UK will need to have a faster conversion rate from Medium to Large so we’re committed to doing something about it!