Confidence is returning to SME sector

HE results of the latest ISME Quarterly Business Trends Survey – for Q4 of 2017 – show confidence in the SME sector continuing to improve.

According to ISME nine out of 12 confidence indicators remain in positive territory. Business confidence is up 12 per cent, while profitability expectations are up two per cent.

“We welcome the continued improvement in our confidence indicators. However, there are still many challenges facing the SMEs. We see SMEs, especially in rural Ireland facing challenges such as the 29 per cent who reported inadequate broadband. This is an unacceptably high figure for a country that prides itself on the smart economy,” said ISME CEO Neil McDonnell.