efficiency and exporting

Mid-sized Firms are ‘Unsung Heroes’ of Europe as Economic Contribution Hits €1trn

57% of UK medium-sized firms expect growth this year with many focusing on cost control, efficiency and exporting to gain traction The mid-sized business community are driving the European economy, contributing a total of €1.03trn in 2014 – with this number expected to rise to €1.06trn this year – according to a report by Sage Enterprise Market Europe and the Centre for Economic and Business Research. The research, which looked at the economic impact of small firms in 12 countries across Europe, revealed that 57% of UK firms plan to grow this year by focusing on cost-management and increasing business efficiency. The report also found that the majority (77%) of Britain’s medium enterprises are exporters, with 43% relying on overseas activity for over 20% of their revenue and 52% stating th... »