SMEs expecting increased revenue

THE country’s small and medium-sized enterprises are facing into 2006 with renewed confidence on jobs and revenue according to a survey by mobile services provider, O2 Ireland.

More than half of firms employing between one and 250 people expect revenue to grow with almost one-in-three forecasting that they will increase jobs.

The major challenge facing SMEs, according to the study, is increased competition with 24% citing this as the biggest threat.