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Micro Business Confidence In The UK

MICRO BUSINESS CONFIDENCE IN THE UK 1,500 micro businesses* tell us their outlook for 2014 HOW POSITIVE IS YOUR OUTLOOK FOR DOING BUSINESS IN 2014? 43% 34% POSITIVE 21% VERY POSITIVE STILL CAUTIOUS 2% NOT POSITIVE POSITIVITY BY REGION % OF RESPONSES THAT WERE POSITIVE OR VERY POSITIVE SCOTLAND 80% NORTH EAST 72% NORTH WEST 78% MIDLANDS 78% WALES 66% SOUTH EAST SOUTH WEST 88% 76% "I always wanted to set up my own business and I feel like 2014 is the year to do it. I've already had a positive reaction from suppliers, people are keen to get on board." Emma Bailey, The Wedding Cafe, Leicester. HOW LIKELY IS IT THAT YOU'LL BE LAUNCHING NEW SERVICES OR INITIATIVES DURING 2014? 3% 4% 15% 39% 39% " We are investing in new equipment to further enhance our range oÍ services & offer our clients a comprehensive, professional & reliable end product. Ian Weir, IWEC Electrical Contractors, Newark. 00 HOW CONFIDENT DO YOU FEEL ABOUT 2013 2014 DOING BUSINESS IN THE UK COMPARED TO THIS TIME LAST YEAR? 3% 30% 67% LESS CONFIDENT ABOUT THE SAME MORE CONFIDENT "We will be taking on a new full-time employee this year to cope with the growth in business, I feel more confident than ever to invest in advertising." Laura Calder, Pilates Plus Physio, Edinburgh. SURVEY OF MICRO BUSINESS CONFIDENCE IN THE UK, JANUARY 2014 Survey Period - 2nd January to 7th February 2014 Sampled from client base via online survey *39% No employees, 29% 1-2 employees, 32% 3-10 employees [ A VERY UNLIKELY UNLIKELY NOT SURE W LIKELY DEFINITELY

Micro Business Confidence In The UK

shared by gailduncan on Feb 25
1,500 micro businesses tell us their outlook for 2014. The survey gives an insight into the optimism at the grass roots level of the UK economy. Business confidence is on the up, with many looking to ...




Gail Duncan


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