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Small Business Awards

Hall of Fame

Small Business Awards

Corporate Vision is excited to announce the return of the Small Business Awards. This highly anticipated awards programme is returning for the seventh consecutive year and will once again aim to shine a spotlight on and celebrate the dedication and achievements of hardworking Small Businesses.

Small and Medium Enterprises (SMEs) are the backbone of the business landscape. In the UK, SMEs form an overwhelming majority comprising 99% of the UK's business population, with over 5 million registered enterprises. These Small Businesses are crucial employers, providing jobs to over 16.7 million people across the country. In 2023 alone, UK SMEs generated a substantial turnover of £2.4 trillion, accounting for 53% of the total turnover of private businesses, underscoring their significant economic contribution. Globally, Small Businesses are vital components of economies; for instance, the US boasts over 33.2 million Small Businesses, which have contributed 17.3 million new jobs over the past two decades and currently employ 61.7 million Americans. These trends reflect a worldwide pattern where SMEs play an indispensable role, driving innovation, fostering economic growth, and enriching business landscapes.

However, nearly 20% of Small Businesses fail within the first year, a statistic that climbs to 50% in subsequent years. These failures often stem from cash flow challenges, fierce competition with larger counterparts, and financial downturns. Additionally, inflation presents a significant obstacle for Small Businesses, influencing operational costs and pricing strategies amidst uncertain economic conditions. Despite these challenges, there is a prevailing sense of optimism among Small Business owners, as many anticipate financial growth in the upcoming year. Projections suggest that revenues will increase, albeit cautiously, underscoring a positive outlook in the Small Business landscape despite ongoing economic uncertainties.

Research indicates a strong consumer preference for shopping with Small Businesses, with 73% of respondents in a US survey expressing that smaller enterprises offer superior with better personalised customer service experience. In an environment where distinguishing oneself from larger competitors is crucial, customising the customer experience becomes paramount. Moreover, Small Businesses need to strategise for the future. Many are now choosing to integrate new technologies into their operations. This includes automating routine tasks to enhance efficiency and identifying opportunities for cost-saving measures to ensure sustainability and competitiveness in evolving markets.

Participating in the Small Business Awards 2024 presents a unique chance to spotlight and celebrate your accomplishments, successes, and best practices on an international stage. This prestigious award welcomes entries from diverse industries, where the primary criterion is being a Small Business. Whether you're in Architecture, Hospitality, Retail, or any other sector, the Small Business Awards 2024 is dedicated to honouring a wide array of diligent companies that often go unrecognised and undervalued. The award is a platform to showcase not only your success but also your innovation, resilience, and commitment to excellence in the face of challenges. By participating, Small Businesses can gain well-deserved recognition, inspire others in their field, and contribute to raising awareness of the crucial role they play in advancing economic growth and promoting community development.

Nominations are now open to individuals and third parties. Our team of experienced professionals will evaluate all nominees based on their quality and achievements. Our commitment to fairness ensures that all candidates are evaluated solely based on their successes and contributions to their respective industries. If you are aware of a Small Business that deserves recognition for its outstanding capabilities, we encourage you to submit a nomination to ensure their accomplishments are celebrated.

Meet The Team

Whether you have a general query, or wish to speak with one of our dedicated departments, our team are here to support!

The Nomination Team can assist with answering any queries that you have regarding a nomination, or the process involved in taking part in one of our award programmes. Please get in touch with us via email or over the phone if you have any questions - we are happy to help!

Methodology.

FAQs

Whether you have a general query, or wish to speak with one of our dedicated departments, our team are here to support!

How long has Corporate Vision Magazine been in circulation for?

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Corporate Vision was launched in December of 2014. During this time, our digital magazine has been published monthly to an ever-growing subscriber base of business leaders, managers, recruiters, marketeers, consultants and service providers. The platform is bought to you by AI Global Media, a B2B digital publishing group founded in 2010. The group currently has 14 brands within its portfolio including luxury lifestyle, construction, healthcare and small business focused publications. AI Global Media is dedicated to delivering content you can trust to each of its readers, subscribers, clients and visitors.

Where did the nomination come from?

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In the interest of nurturing an environment proven to produce a high response rate, we don’t ask nominees to reveal any personal identity. With regards to methodology, we often nominate candidates ourselves and, when it comes to voting, if you didn’t cast a vote through a self-submission, it is likely to have been cast via a colleague or client who has received one of our direct invitations. One of the main mantras of our awards system is that your ability to succeed is not linked to the number of votes received, meaning your award is presented purely on merit. In the interest of security and fairness, we are able to track unusual behaviour on our website to identify repeat votes and cyber-threats.

What happens if I agree to be shortlisted?

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In the interest of focusing our efforts on relevant and eager candidates, we ask all nominees to accept their position on the shortlist giving people complete control in the decision on whether they would like to move forward with the award. Nominees who accept are subject to our scrutiny during the internal vetting procedure and are given the opportunity to present their own data to be considered alongside information collated by our research team. This can take up to 8 weeks for final assessments to be rendered.

Who makes the final decision?

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We employ an entirely impartial panel of five individuals to conduct all research. At the helm of the panel, is a veteran academic leader with international academic and training experience and is well versed in research, fact-checking and mediation. This two-tiered system allows for a neutral mediator which we feel allows a more efficient method when determining individuals and companies most deserving of winning an award and has brought us much success and commendation throughout its use.

Is there a winner’s ceremony/award dinner?

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The short answer is, no. We decided to not focus our efforts on a celebratory event. Despite being an enjoyable occasion, it doesn’t support our group’s philosophy of cost-effective marketing. We follow the belief that optional costs associated with an award are better placed in a year’s worth of online marketing for the winner rather than spending large sums on a ceremonial evening. Our press announcements are made digitally, online and across our network to enforce our position as digital publishers. We aim to provide you with the tools (both digital and physical) to generate real-world value.

What happens if I am deemed successful?

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After you have been notified, we enforce a short press embargo while the programme manager liaises with you to establish your preferred method of coverage. Generally, our coverage takes the form of a digital celebratory magazine, but we also offer physical trophies, wall mounted certificates and plaques and digital certificates, web-based advertisements and press releases which can be custom designed for you or your company.

Are there any costs involved?

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As mentioned, there are no compulsory costs in accepting a nomination or winning an award with Corporate Vision. We do offer a variety of paid additional benefits for our winners, but these are completely optional. To demonstrate our commitment to no mandatory fees, all our winners are offered a free of charge promotional package. Our company policy will always remain that, regardless of budget, our clients should always be able to garner the full value of the award and our seal of approval. We offer a variety of promotional opportunities to our winners, as we have an extensive network and we know, more than anyone, the wider business benefits from promoting industry awards.

Why does your email domain differ from your website domain?

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Because we send a large volume of emails, we separate our campaign email sends from our transactional ones. This structure helps to ensure a prompt and thorough response from one of our diligent team members. The sending email address will always be recognisable but please contact us via the address on this page if you have any concerns.

Hall Of Fame

Whether you have a general query, or wish to speak with one of our dedicated departments, our team are here to support!