It seems that while the government is forecasting economic doom and gloom, the business community is predicting fields of gold for 2013…or at least fields of bronze.
Despite the government announcing a double dip recession and UK’s credit rating being under threat, the business market is remaining cautiously optimistic. A survey of 300 senior business people in SMEs found that 70 per cent expected their sector to grow in the next quarter, while 58 per cent were optimistic about the UK’s economy in the first quarter.
The report, entitled Business Barometer, is regular publication from leading serviced office provider, Business Environment, says shout99.com.
This will come as come as welcome news to potential entrepreneurs or those who are considering entering a franchise agreement in 2013.
David Saul, managing director of Business Environment said: “Companies are not growing at a fast rate, but they remain confident about the long-term prospects for their firms. Companies complain about bank lending, but few expect the economy to tank in 2013.”
According to freshbusinessthinking.com, the report found that the smaller the business, the more optimistic they were, which many might say is counter intuitive. 68.2 per cent of businesses with one to nine employees said they were ‘positive’ or ‘very positive’ about the longevity of their company, which was the highest percentage of all the groups.