Exporting firms seeing signs of growth

New figures today released by serviced office provider, Regus, have shown that exporting firms are reporting better revenue and profit figures, together with renewed business confidence.

2,700 businesses were surveyed in a bid to analyse revenue figures and determine confidence amongst the UK’s enterprises.

The amount of firms expecting revenue growth in the next 12 months fell dramatically from a similar survey done in April. Only 36% of UK businesses have achieved the growth they expected they’d see, lower than firms in other western European countries such as Germany and France.

UK companies seeing rises in profits decreased by 3%, a figure that was again dwarfed by other major economies.

But the UK’s internationally-trading firms were reporting better figures, in terms of profit and revenue, than domestic-only businesses. UK companies with an interest in overseas markets were also much more confident in business.

However, most businesses were in agreement that a bounce-back from the gloom and doom of the current business climate was still a year away. 62% of firms expect a strong recovery to begin in earnest in the latter half of 2012.

Could your business trade abroad?

An invoice finance facility could be just what your SME needs to help it expand and trade in an overseas market.

Be it either one of our invoice factoring or invoice discounting facilities, they are both proven to release cash from your invoices quickly and easily, improving your cashflow for the greater good!

Why not get in touch with us today to see if we could help your business grow.