There has been a strong improvement
in small business confidence, suggesting the sector will grow this year,
the Federation of Small Businesses says.
The lobby group's small business index suggested there had been a "robust" improvement in confidence in the past three months.
It said growth and investment intentions had reached new highs since it began compiling its index in 2010.
It also said it had found "few negatives" in the overall picture.
The
FSB said the latest survey readings on job creation, productivity and
investment all bode well for small businesses sustaining the economy's
growth through 2015.
Businesses view their prospects for the
coming months very positively, with nearly two thirds (65.3%) of small
businesses aspiring to grow moderately or rapidly in the next three
months - the highest figure ever seen by the index.
The FSB said
productivity in the sector was increasing compared to the wider economy,
something that should be encouraging to policymakers, who have been
grappling with the issue of low productivity growth for some time.
Thinking of selling a business? Call now for a free valuation on 0113 238 2900 or email sales@ernest-wilson.co.uk for more information on Ernest Wilson Business Agents, visit www.ernest-wilson.co.uk
