Growing business confidence of Munster firms tempered by rising costs

Almost a quarter of Munster firms have had to write off bad debt worth an average of €20,378 since the pandemic began

The majority of businesses in the region (76%) say they are either confident or very confident about their business prospects into 2022, with 46% identifying new customers as a top area for growth. File photo. Brian Arthur

The majority of businesses in Munster say they are confident about their business prospects for the remainder of the year and into 2022, a new survey has found.

The study was conducted by financial services firm Bibby of 200 Irish SME owners and decision-makers across the manufacturing, construction, wholesale, transport and services sectors.