turnover growth

Half of UK Small Businesses Predict Growth in 2015

Despite confidence, significant percentage of small and medium firms worried red tape and skills shortage will hamper potential Small and mid-sized business confidence is on the rise, according to a new survey, with 50% of business owners predicting an increase in turnover and 21% expecting to recruit more staff in the next 12 months. Despite the positive outlook, the survey, released by energy company npower and featuring a 1,000 small and mid-sized firms, revealed that businesses remain concerned that growth could be delayed by external factors such as a skills-gap, access to funding and government regulation. Nearly half (49%) of the respondents stated that they were worried about the negative effect red tape and legislation could have; 47% of the entrepreneurs stated that lack of bank ... »