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Some 17 per cent of entrepreneurs in the UK are "high flyers", new research suggests.
An extensive study by Bank of Scotland Business Banking has identified that typically, bosses of small businesses fall into one of four personality groups.
These are defined as High Flyers, Steady Growers, Survivors and Strugglers.
The good news is that nearly one in five entrepreneurs were found to be High Flyers, with strong and consistent leadership skills and an optimistic outlook on the economy.
This type tends to invest more funds in ventures and take on more staff, as well keeping on top of potentially time-consuming issues such as management of web services and tax planning.
Steady Growers and Survivors were each found to represent 35 per cent of entrepreneurs.
Fortunately, Strugglers were by far the smallest group, representing just 13 per cent of small business leaders.
The firms run by these individuals typically experience low or no growth. Those falling into this category are generally very pessimistic about their business prospects and those of the economy - and are likely to struggle with IT operations.
Kevin Gillett, head of business banking at Bank of Scotland Business Banking, said: "Our analysis shows that the spirit of entrepreneurship in Britain is alive and well with a significant number of small business owners demonstrating a healthy ambition to develop and grow their businesses.
"With a strong grasp of IT and an optimistic outlook, these high flyers are excellent role models for other owner managers who are looking to succeed."
He concluded: "Fortunately, the proportion of small business owners who are fighting to keep afloat is relatively small compared to the other three business personalities."
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