News
Small businesses confident of growth, says report
The Co-operative Bank also found that 44 per cent of enterprises are expecting an increase in sales and orders in 2013.
The Co-operative Bank explained that nearly half expect growth in 2013, with 44 per cent saying that they believe sales and orders will rise next year.
Furthermore, 23 per cent of senior decision makers said that they are going to be investing in new equipment or premises improvements, while 22 per cent are set to expand their workforce.
Keith Alderson, Managing Director of Corporate and Business Banking at The Co-operative Bank, said: "SMEs and entrepreneurs are widely acknowledged as vital to Britain's economic recovery so these results are good news as we head in to 2013.
"As the curtain closes on another tough year it seems many SMEs are now looking forward with a cautious sense of optimism about the challenges for their businesses next year."
It comes as the Federation of Small Businesses' Voice of Small Business Index shows that confidence continues to grow in north-west firms.
Posted by Emily Smith
Date published 28 Dec 2012 | Last updated 28 Dec 2012
Choose the right accounting firm for you
Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?
Local business focus
We specialise in supporting independent businesses and work with 100,000 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
Come and meet us
We enjoy talking to business owners and self-employed professionals who are looking to get the most out of their accountant. You can visit us at any of our 409 locations, meet with us online through video call software, or talk to us by telephone.
Switching is simple
Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.