According to data released under the Sage Business Index, surveyed companies in Portugal are set in the most pessimistic since, globally, about 58% of SMEs surveyed believe an increase in turnover over the next year.
The annual study by Sage, a provider of management services to SMEs, makers questioned 13,710 companies small and medium sized, present in 18 countries, including Portugal, between July 9 and August 29, 2014.
A lack of confidence in the next year is also reflected in the fact that 30% of the 1,018 Portuguese SMEs questioned in this investigation expecting a decrease in turnover. Worldwide, this figure falls to 21% of total
More positive is the answer as to plans to reduce workers:. Portuguese only 7% of companies said they have plans to reduce staff, the results indicate the latest edition of the Sage Business Index.
On the other hand, the confidence of the Portuguese SMEs about their own prospects proves strengthened against the year 2013, since in the past 12 months rose 5.07 points to 57.94 points.
Have the confidence in the national economy, despite having grown up 7.34 points to 44.70, still below the global average of 6.93 points.
Similarly, in Portugal the confidence of SMEs in the global economy grew by 5.79 points in the last 12 months, to 48.18, but is 3.5 points below the overall survey results.
Incidentally, Portugal aligns with the group of countries as the most pessimistic expectations for the European economy, along with Austria and Switzerland, but the French are SMEs that have a more negative feeling (with a rating of 44.08 points).
the side of the optimists, we highlight Ireland and Spain (56.40 and 54.14, respectively), still accompanied by the UK, Germany and Poland.
Asked also about the main barriers to the growth of your business within the Sage Business Index, 28% of respondents Portuguese entrepreneurs argue that government bureaucracy and legislation are the main obstacles.
However, this barrier to growth is closely monitored by the percentages of taxes and the tax burden (considered the biggest challenge for 22%), indicates the information released today by the Sage.
As a result, almost half of Portuguese SMEs consulted (47%) believe that reducing taxes would be the most important measure to be taken by the Government, followed by the reduction of bureaucracy and legislation (20%).
As for exports, 36% of companies reported that have activity in other countries. “The exporters said that last year was a good year, with 37% recorded an increase in its level of exports, while only 14% reported a fall,” also indicates the Sage.
As for the next year, half of SMEs surveyed in Portugal believes will register a growth in sales abroad, an average of 2.1%, but only 6% acknowledges that it has the necessary support from the Government.
In fact, 40% of Portuguese companies consulted in the study argued that the main measure that the government could take is that there is greater financial resources as an incentive for internationalization.
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