Many SMEs are optimistic about a boost to revenues in the coming months, with more than four out of ten (41 %) expecting money to flow into their business, and one in ten anticipating a significant increase. Those who are hopeful for improved revenues predict average growth of about two per cent, while larger firms with ten or more employees think 3% could be possible.
How will this growth be achieved? Putting more effort into marketing is the plan for 42% of SME bosses, while 34% see opportunity in new markets. A third of business owners (33%) have plans to introduce new products or services to improve their companies’ fortunes.
