Small business sees the light
● A new survey shows that South Africa’s small-business owners remain optimistic that their enterprises will survive or continue to grow.
The research by software provider Xero and World Wide Worx covering 411 smallbusiness owners revealed that 40% believe their operations will record some growth over the next year, while 45% expect to stay the same size.
Also, 89% of owners are confident in managing their companies’ finances, 92% have not missed a tax deadline’ 89% say the Department of Small Business Development has not assisted their enterprises 48% want the government to provide more funding and 43% think the government should grant tax breaks for their businesses. —