26.08.2013 Views

Finance for Small and Medium-Sized Enterprises - DTI Home Page

Finance for Small and Medium-Sized Enterprises - DTI Home Page

Finance for Small and Medium-Sized Enterprises - DTI Home Page

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Finance</strong> <strong>for</strong> <strong>Small</strong> <strong>and</strong> <strong>Medium</strong>-<strong>Sized</strong> <strong>Enterprises</strong>: A Report on the 2004 UK Survey of SME <strong>Finance</strong>s<br />

Ethnic minority businesses<br />

The distribution of businesses which are 50% or more (‘majority’) owned by<br />

individuals<br />

from white <strong>and</strong> ethnic minority groups respectively, are reported in the<br />

following pie chart.<br />

Figure 2.1.8: Distribution of Ethnic Backgrounds<br />

of Majority of Owners<br />

Base: All businesses N p =<br />

4%<br />

2%<br />

1%<br />

93%<br />

White Asian Other Ethnic Black<br />

3,625,416 (Unweighted N=2,500)<br />

usinesses are m y white o 3,400,000 esses).<br />

of businesses ajority ow by people f thnic minority<br />

220,000 b sinesses). 14<br />

• 93% of b<br />

ajorit wned ( busin<br />

• About 7%<br />

are m ned rom<br />

e<br />

backgrounds ( u<br />

14<br />

Notably, census data give the following bre akdown <strong>for</strong> ethnic minority businesses (see Census 2001:<br />

National Report <strong>for</strong> Engl<strong>and</strong> <strong>and</strong> Wale s – www.statistics.gov.uk/census2001/ – Table S112 )<br />

White British 88.5%<br />

White Irish 1.4%<br />

Other White 2.8%<br />

Mixed:<br />

White<br />

<strong>and</strong> Black Caribbean 0.2%<br />

White<br />

<strong>and</strong> Black African 0.1%<br />

White <strong>and</strong> Asian 0.2%<br />

Other 0.2%<br />

Asian:<br />

Indian 2.3%<br />

Pakistani 1.4%<br />

Bangladeshi 0.3%<br />

Other 0.5%<br />

38

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!