Confidence rises for small firms

Confidence among the small business community continues to improve according to a new survey, with 80% of respondents saying they will invest in their company over the next two years.

In response to the second quarter business sentiment survey from the Small Firms Association (SFA), six out of 10 firms said their business would be moving back to a growth phase within the next 12 months, with most of the companies focused on international markets.

In terms of investment, the main areas for spending are brand development, staff development, and IT.