Business News

4 In 5 Entrepreneurs Are Optimistic About 2018

Despite economic concerns and uncertain trading relations with the EU, most start-up founders in the UK are confident about how their business will fare in 2018.

In research revealed by the Institute of Directors (IoD), 83% of entrepreneurs expressed optimism about their business’ prospects over the next 12 months.

At the same time, survey participants were aware of the potential challenges they will face.

First on the list of these concerns was the uncertainty caused by Brexit, while access to finance was identified as the second biggest challenge.

However, awareness of government schemes for funding start-ups was found to be “frustratingly low”.

Accessing the schemes that are already available could give many new businesses the support they need to grow.

Stephen Martin, director-general of the IoD, said:

“Change is not always bad for business and we need to have a different perspective for these ever-changing times.

“Only creative thinking will lead to the new products, services and ways of doing things that can transform our lives.”

For any help or advice with financial planning talk to RPD

 

Tags
Show More

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings
NameEnabled
Technical Cookies
In order to use this website we use the following technically required cookies: wordpress_test_cookie, wordpress_logged_in_, wordpress_sec.
Cookies
We use Cookies to give you a better website experience.
Privacy Policy
Check if you have accepted our privacy policy.
Terms & Conditions
Check if you have accepted our terms & conditions.
Cloudflare
For perfomance reasons we use Cloudflare as a CDN network. This saves a cookie "__cfduid" to apply security settings on a per-client basis. This cookie is strictly necessary for Cloudflare's security features and cannot be turned off.
Close