This morning I had the pleasure of attending the launch of bentleys.com.au ‘The Voice of Australian Business’ Update, the first of a series of briefings designed to provide detailed feedback from more than 1,500 small and medium sized businesses (SMEs) from across Australia.
HOW CONFIDENT ARE SMEs ABOUT THEIR BUSINESS PROSPECTS?
The good news is that more than half of respondents expressed confidence about their business prospects with just under a quarter worried about what the future might bring. The remaining quarter of respondents were neutral about their business prospects, confirming that they were neither confident nor worried.
A number of factors appeared to enhance business confidence among respondents. For example, the bigger the SME, the more confident the business felt, with medium sized enterprises (101-200 employees) expressing the greatest optimism for the future compared to small and micro organisations.
What is your view?