Read volume one of our inaugural Steps to Growth report to find out more from our survey of 300 of chairmen, CEOs, owners, partners and financial directors in` businesses with a turnover of over £1m across the length and breadth of Britain.
The mood among owner managed businesses across GB is decidedly optimistic, with 73% saying they will be in a stronger financial position in a year's time, and 24% saying they will be in the same financial position they are in now. Only 3% of respondents said they will be in a worse financial position.
On a larger scale, results show that the majority of companies are optimistic that the best days of their business are in the future (47%), and 31% believe the best days of their business are right now. Only 22% believe their best days are behind them.
In addition to having a positive outlook, 32% of respondents across all sectors describe themselves as ambitious with a strong appetite for growth and a plan in place to make it happen. Only 7% of companies are actively trying not to grow.
The first volume of Steps to Growth, titled ‘Ambition’ also features an interview with Lord Digby Jones, an article from the Confederation of British Industry as well as sectorial and regional analysis from the Steps to Growth survey.
Steps to Growth Volume 2: Breaking Barriers is out now. Click here to download it.
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