Grwoth

Small Business Confidence, Profits and Hiring On the Rise

Hiscox study reveals 47% of UK small firms are optimistic for the future with post-recession start-ups‘ growth flourishing Hiscox’s DNA of an Entrepreneur study has revealed small businesses across the world have experienced a rise in confidence, profitability and hiring activity across 2013. Key findings are the increase in female entrepreneurs and start-ups launched. 38% of respondents set up after the recession of which 56% were established by women. Furthermore, post-recession start-ups appear to be performing better than older firms as they reported greater increases in growth (49% compared to 42%) and hiring rates (21% versus 15%), and are more likely to begin exporting in the future (28% versus 17%). Overall findings displayed a positive trend across all firms with 45% of small busi... »