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March 23, 2011

Spring brings renewed growth

Survery reveals that small businesses are optimistic about growth for the future

A survery of over 2000 business customers, by T Mobile, has shown that over half of those surveyed are planning growth as a key strategy for the coming months.

Some 58 per cent of small companies said they were positive about the future of their business in the coming months, while 48 per cent expected to see some business growth in the next six months.

Expansion and new products were a key focus, with over a third of small businesses looking to develop new products and services, and 30 per cent considering nationwide expansion. At the same time, 55 per cent of owners felt they were in a better position than this time last year.

Here at Inspira, we believe that growth is the lifeblood of any company, and it should always be a core part of your business plan and overall strategy. Even in tougher times, considering new ways to develop and grow can provide new business and opportunities.  For guidance on how to think about growth, see our dedicated newsletter.

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