One In Three Small Businesses Concerned About Short Term Prospects

Published: 7/22/2010

A study by the Abbey National Business Bank department has found that around a third of small business owners are worried about the coming 12 months.

They see their economic prospects for the period as being of concern and even poor according to the feedback received by the Abbey National. About 12 percent of respondents claimed to see an increase in clients not paying bills, with about thirty percent seeing payment delays.

On a positive note though the Abbey National also saw some 14 percent of small business owners feeling that economic difficulties will bring opportunities. It is all about perspective said a spokesman, that and the ability to effectively manage cashflow to maintain the business when money is slow to come in.