Welcome to our latest report into Owner
Managed Businesses in the UK
This is the second of our biannual reports for Owner Managed Business (OMB) where we seek
to capture what drives this vital engine of our economy. Who comprises this business group?
What sets them apart? What are their priorities? What are their views on the broader economy
to which they contribute so much?
Where do they foresee growth and what challenges do they think lie ahead?
In our second survey, we found that Owner Managers are more optimistic than they were
12 months ago.
More than six in ten (62%) expect the economic situation to improve in the next year, and
nine in ten (90%) are optimistic about their business’ prospects. Other highlights from the
survey of 300 Owner Managers across Great Britain included:
- Businesses definitively state they are better off than they were this time last year
- Larger businesses are even more optimistic
- The definitive general election result has created more certainty and concerns about deflation have abated
- All owner managed businesses continue to be aware of macro-economic headwinds
What is your Owner Manager persona?
As with our first report we have continued to delve deeper into the attitudes of Owner Managers
with our five Owner Managed Business (OMB) personas:
These personas look at how attitudes of Owner Managers change over time and across sectors
and what this ultimately means for your business in the months ahead.
We have created an app that will work out which Persona you are most like. It's not an exact
science and we don't like pigeon holing businesses any more than you do but we know that
understanding your business and your concerns is what makes Allied Irish Bank (GB)
different to the High Street Banks.
To test the personas and to demonstrate how different OMBs need different advice
depending on how their business is doing we asked Shirlaws UK, who specialise in coaching
Owner Managed Businesses, to tell us what advice they would be give to each persona based
on the typical demographic of each. You can find this advice within the OMB Web App result.