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SMEs ready for long haul

Apr 28 2010

A long road ahead to recovery

Small businesses believe it will take up to two years before the economy returns to normality.  

Some 58 per cent say business will not significantly improve for another 12 to 24 months, according to a poll from internet provider Easynet Connect.

Chris Stening, managing director of Easynet Connect, says: ‘The predominant sentiment among small to medium-sized firms seems to be one of cautious optimism. Businesses know that growth will come but do not think it will be immediate.’

Of the 256 owner-managers surveyed, 29 per cent say they are putting their business plans on hold until after the election.

The economy grew by 0.2 per cent in the first three months of this year, according to official figures last week.

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