Bibby Financial Services’ bi-annual Barometer survey, conducted in February 2013, found that small business optimism is on the rise. Over 25% plan to invest in their business in the coming quarter and 20% intend to buy another business. While it’s an exciting and encouraging time for many SMEs, expansion brings with it higher costs.
Small business optimism has returned to levels not seen in almost two years according to the latest Bibby Barometer survey launched this month. Sixty-five per cent of small businesses are more optimistic about sales growth in the coming 12 months, up from 55% in July 2011.