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New research from iwoca reveals the overwhelming majority of UK SMEs are leveraging social media, as 97% say they use platforms to boost their business. The survey of SME owners, conducted by iwoca - one of Europe’s large SME lenders - shows Meta channels dominate the top four. Facebook leads as the top SME platform with 69% of SMEs on the network, while Instagram ranks second with 67%, and WhatsApp ranks fourth with 58% of firms using the channel.
Our latest Small Business Hotspots list reveals that 93 new businesses were created every hour across the UK in the first half of 2022. Read on to find out which places came top (and bottom) for new business creation numbers.
Download our Q2 2022 SME Expert Index and read our press release below to find out the results.
We've more than doubled the maximum size of our business loan offering to meet small business demand – we're now offering business loans up to 500k.
Accounting firms are missing a key opportunity to adopt Open Banking to help meet the needs of small businesses facing a cash flow squeeze, according to our new research report.
As small business vacancies hit record highs, owners are increasingly looking for personal skills rather than professional ones when hiring, according to our new research.
