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Analysis of BIS Report on Barriers to Business Support

   

Added on  2023-01-11

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BIS report
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Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY..................................................................................................................................1
1. Analysis of the information of BIS in order to identify the barrier’s pattern that restricts the
use of business support................................................................................................................1
2. Highlights of the interesting findings......................................................................................8
3. Recommendations for the major areas where further support is required...............................9
CONCLUSION..............................................................................................................................10
Analysis of BIS Report on Barriers to Business Support_2

INTRODUCTION
Data analysis can be defined as the process of analysing, evaluating and controlling the
information which is gathered from different sources. With the help of it, answers for all the
queries related to data could be formed. Main purpose of it, is to make sure that the collected
information is analysed properly and questions which were formulated previously. In order to
perform it, it is very important for the individuals to have proper skills and they should know
which methods should be used for this purpose. The aim of this assignment is to analyse the
requirements of data and use appropriate methods to evaluate it. In order to complete this report,
the information which is used is related to BIS and gathered from the department of business
innovation and skills. This division is highly focused with the promotion and boosting of trade
and innovation. It is a ministerial authority that help all the small business owners so that they
can grow their business. This report covers topics such as the analysed data, interesting findings
related to that, recommendations for major areas of business where support is required. The
information is assessed by conducting detailed analysis of patterns of barriers which are
restricting people from using business support. The whole analysis in this assignment is based
upon the comparison of North West and South East region.
MAIN BODY
1. Analysis of the information of BIS in order to identify the barrier’s pattern that restricts the
use of business support
Business innovation and skills data which is used to analyse is gathered by BIS
department and it is used to analyse that which barriers are restricting the use of business
support. The data which is collected by the division is very huge and its consists answers of
different types of questions which were asked from the owners of small businesses. Apart from
this, it also consists numerous variables and it will be very difficult to use all of them to complete
the whole project. In order to reduce the difficult some of the specific variables are selected so
that the barriers which are restricting the support could be identified properly. The information
which will be analysed is based upon the comparison of two different regions which are North
West and South East. The tools which could be used to analyse the data easily is Microsoft
Excel. The function which is used to select the specific information is FILTER. The main
1
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questions which are used to analyse the barriers are Q3_5, Q3_7, Q3_19A, Q3_19B, Q4_3A_10,
Q4_3A_11 and Q6_5. The analysis is done on the basis of following tables:
Row Labels South East North West
Grand To-
tal
Urban 166 121 287
Rural 56 28 84
Grand Total 222 149 371
From the above chart it has been identified that in South East total small businesses are
222 and in North West the number of total small businesses is 149. In South East total businesses
in urban area are 166 and the numbers businesses in rural area are 56. On the other hand, the
number of business in rural area is 28 and in urban area it is 121.
The first variable which is selected for the analysis of barriers is Q3_5. While answering
this variable the small business owners were asked to provide information about any type of
support which is take by them form a public sector organisation to gather information. The data
analysis of it is as follows:
Q3_5 South East North West
Grand To-
tal
Urban 166 121 287
Yes 28 19 47
No 138 102 240
Rural 56 28 84
Yes 16 4 20
No 40 24 64
Grand Total 222 149 371
2
Analysis of BIS Report on Barriers to Business Support_4

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