Growth expected for small businesses in 2015

2014 statistics indicate that small business activity is stable and on the rise. Q4 in 2014 reported positive results showing 16% of businesses expanded their team compared to 11% who decreased during the latter part of the year. Productivity grew by 1.1% in Q4, 2014. This is according to research by the Federation of Small Businesses.

62% of small businesses predict growth in 2015.

Obtaining finance and the cost of finance for further growth still seems to be the key issue amongst small business owners with 22% reporting this as a limiting factor. A positive start to the year nonetheless as dental practice owners and medical consultants will hopefully be able to trade in more thriving business conditions. Are you looking to grow your business further this year? Seek help from specialist dental and medical accountants, Figurit. We assist helping dental practice owners and medical consultants every day with their business, tax and finance. T: 020 7376 9333 E: info@figurit.com

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