About the awards
The Best Business Awards aim to highlight and reward excellence across the private and public sectors to help you become even more successful. The following research findings highlight some of the benefits award winners enjoy:
Large award-winning companies experienced a 48% increase in operating income and a 37% growth in sales when compared to non-award winners.
Smaller award-winning companies were also shown to have experienced a 63% increase in operating income, and a 39% growth in sales when compared to non-winners.
Source: British Quality Foundation based on experience in the USA.
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A study compared the financial performance of 120 award-winning companies across Europe that met specific criteria against comparison companies of a similar size and operating in the same industries.
The financial performance was tracked over 11 years. The study found that the award-winning companies showed improvements in financial performance after just a year of winning their first award.
Source: University of Leicester for the British Quality Foundation and the European Foundation for Quality Management.
Three years after receiving an award, the 120 award-winning companies outperformed the comparison companies by an average of 17% for sales and 36% for share value.
During the final year that performance was tracked, the award-winning companies experienced even greater increases as compared to comparison companies with sales growing by an average of 77% more and operating income by 18% more.
Source: University of Leicester for the British Quality Foundation and the European Foundation for Quality Management.
The Best Business Awards are marketed and administered by Awards Intelligence the UK’s leading provider of business awards support services, news and information to progressive organisations.
Entries are judged by an independent panel of past winners and other business experts. Each submission is scored against specific category criteria with particular emphasis on success and innovation.
“Running and scaling a fast-growth business is a non-stop challenge that tests founders and management teams to the limits! Receiving recognition from the Best Business Awards counts for a huge amount personally and is great to share with the wider business community.”
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Matt Grech-Smith - Competitive Socialising trading as Swingers – The Crazy Golf Club
winning this last award has got me an invitation to join the Institute of Master Trainers Association. I’m really pleased
Neil Wightman
Founder - Y2 Learn Driver Training
Winning a Best Business Award has provided us with a platform to raise our profile via the media. Since winning we have secured press coverage in key national and regional publications regarding the great work we are doing and we have attracted students to the college that may not have otherwise heard about us.
I would recommend the Best Business Awards to any dynamic organisation that wants to prove to stakeholders that it is delivering.
Dave Cooper
Director of Marketing, Solihull College
