Tag Archive for Expenditure

SME expenditure totals an average £1 million a year

New research from American Express finds small and medium-sized enterprises (SMEs) spend an average of £1 million (£1,016,194) each on business expenditure every year. The biggest costs in this annual shopping bill include hiring new staff (24 per cent), paying suppliers (20 per cent) and investing in technology (19 per cent). The study, conducted in
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