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Business confidence increases
The UK's slow economic recovery has not dampened the spirits of entrepreneurs, with 59% feeling confident about opportunities for their business within the next three months, according to a survey by RSM Tenon.
The survey also reveals that 39% of company owners say they will expand their business this year and only 10% expect to have to cut back operations.
The number of firms that plan to hire new staff, increase salaries and spend more on marketing also increased.
"Active investment into businesses is a key indicator of confidence and our barometer shows planned spending has been steadily growing over the last nine months," said Andy Raynor, chief executive of RSM tenon.
Post Date: February 8th, 2010
The survey also reveals that 39% of company owners say they will expand their business this year and only 10% expect to have to cut back operations.
The number of firms that plan to hire new staff, increase salaries and spend more on marketing also increased.
"Active investment into businesses is a key indicator of confidence and our barometer shows planned spending has been steadily growing over the last nine months," said Andy Raynor, chief executive of RSM tenon.
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Post Date: February 8th, 2010







