A new report shows that the UK’s smaller sized businesses are optimistic when it comes to future growth.
As many as 89% of SMEs say they’re confident about growing their business in 2025, while a further 85% believe that this will continue over the next five years.
The Aviva study also highlighted possible challenges that will need to be addressed in order to support SME growth prospects – these included skills shortages and better local transport infrastructure.
Need help deciding between Limited or Umbrella? We are happy to help- give Sophie a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com
Commenting on the findings, David Schofield, Sustainability Director at Aviva, said, “SMEs are the backbone of the UK economy. Their growth is vital not only for economic stability but also for the prosperity of local communities across the nation. These survey findings underscore their determination and optimism, while also highlighting the challenges that could impact their growth.
“Aviva and our partners are helping SMEs get ready for 2025 by providing a range of tools, resources and support to help overcome challenges and seize opportunities. By providing tailored advice and financial assistance, we’re committed to playing our part in helping small businesses prepare for success in 2025 and beyond.”
To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.
Trusted by over 1,000 contractors |