Confidence among small Irish businesses has increased in the last six months but remains below pre-Brexit levels according to new research from the Small Firms Association (SFA).
The latest SFA Summer Business Sentiment Survey, released today, shows that the biggest risks identified by small businesses are wage inflation, Brexit and domestic economic stagnation.
Sixty one per cent of SFA members believe the business environment is improving and 51% say that their own businesses is growing. Almost three-quarters intend to invest in their business in the coming year, with brand development, staffing and IT as the main investment priorities.
Furthermore, 60% of small businesses intend to create additional jobs over the coming year. The research was released ahead of today's Small Firms Association (SFA) annual conference, sponsored by One4all, taking place in Dublin.
Source: www.businessworld.ie