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Tag Archives: small businesses growing

Small businesses doing well

A new report shows that 66% of small businesses are growing, while 28% are maintaining stability, and just 6% are still seeing a decline. The detailed in the Small Firms Association’s Small Firms Outlook for 2015 survey report, based on 867 respondends out of a sample of 2500 member companies. SFA director, Patricia Callan, in welcoming the results, said, “We predict that 2015 will see strong growth remain in the economy in the order of 4-5% GDP growth. 2014 saw the initial green shoots from the cities, spread gradually throughout all regions and towns throughout the country. Broad-based regional economic growth must be a priority focus in 2015.” The survey respondents predict strong investment levels in their businesses in 2015 with 72% saying that they will invest in their business in the next 12-24 months, 20% are unsure, and just 8% do not plan further investment at present. Investment in brand development is the priority for 41% of respondents, with …

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