Warm expectations for SME revenues in winter months


While winter can traditionally be a tough time for many small and medium enterprises (SMEs), apparently this time around will see the biggest growth spurt since the economic downturn began.

According to the Centre for Economic and Business Research (Cebr), SMEs are set to experience a seven per cent increase in revenue on the same period in 2012/13 – with £400 billion set to be raked in over the coming months.

The figure is also 12 per cent higher than the winter of 2010/11, while wholesalers, retail and manufacturing firms are all set to share big slices of the pie.

However, Cebr still highlighted the traditional hurdles SMEs will have to leap over in order to achieve their ambitions – including increased levels of staff sick leave and access to finance.

So how are you feeling about the winter months? Are you afraid of being left out in the cold?

Posted by the Secret Businessman