Yougov survey
How much do SMEs lose by not taking care of their legal business?
We recently conducted a YouGov survey to establish the cost to SMEs of not taking care of their legal business and the risks they take as a result. They interviewed 1,000 SMEs in the UK and the results were then analysed by the Centre of Economics and Business Research (CEBR).
See full results Watch survey report videoSMEs are losing more than £13.6 billion per year
SMEs encounter 8 legal issues per year on average
43% of legal issues cost SMEs £5,000 or more
More than £1.4 billion is lost in each of 4 key areas annually
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