Nearly all of the nation’s key business growth drivers are urging the government to prioritize business support, as revealed by the 2023 Business Barometer released by the National Enterprise Network (NEN).
The survey indicates that over half of the respondents anticipate growth in the upcoming year, with three-quarters expressing concern about rising costs.
Additionally, almost all respondents emphasize an immediate need for business support. The findings show that 52% of businesses expect growth in the coming year, while 38% have experienced increased turnover, and 40% have observed higher profits.
Nevertheless, 77% reported a likelihood of requiring additional financing within the next 12 months.
