Mark Horner
The SME Market in Bromley
What is a Small to Medium Enterprise?
Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Certain size criteria must be met and occasionally the industry in which the company operates in is taken into account as well. Small and medium-size enterprises play a hugely important role in the economy. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
| Capital: Bromley |
The London Borough of Bromley is located in south-east London and forms part of Greater London. It is named after Bromley, its principal town; other major towns are Penge, Hayes, West Wickham, Chislehurst, Beckenham and Orpington. The local authority is Bromley London Borough Council.
How big is the SME Market in Bromley?
Small and medium-size enterprises play an important role in the economy of Bromley. They outnumber large firms considerably, employ large numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.
Bromley has a population of over 299,100 people.
What help is available for SMEs?
Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.