Alliance & Leicester: Small businesses are optimistic
www.moneynews.co.uk > General finance > Alliance & Leicester: Small businesses are optimistic
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Money News |
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Alliance & Leicester: Small businesses are optimistic
Thu 27th Dec 2007
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Less than one in six respondents to the Alliance & Leicester (A&L) survey said they felt negative about how their business would fare in the coming year.
Younger entrepreneurs were the most optimistic age group, with 43 per cent of 25 to 34 year olds feeling positive.
This contrasts with the over 55s, of which a quarter said their outlook was good.
Director of Business Banking Steve Jennings said: "Our research shows that the British entrepreneurial spirit is alive and kicking.
"However, while it is good news that small businesses are looking at growth and expansion opportunities in 2008, it is important that they closely manage their finances."
He assed that it was good news that at least a quarter of small business owners were planning to review their company's finances in the new year.
Recent research by Abbey revealed that most small business owners would pump unexpected profits back into their enterprises this year.
Related News : General finance |
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Related News : Alliance & Leicester |
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