“Despite rising inflationary costs, economic and political unrest, and the aftereffects of the pandemic, we have seen SMBs transform, grow, and adapt through significant change. Our research shows that for SMBs to stay resilient and insulated from risk, security needs to be front and foremost in their strategic plans,” said Sinéad Bryan, managing director of Vodafone Ireland Business.
Wider business confidence was reasonably high, with the majority of business owners expecting growth in the next 12 months, and more than 40 per cent expecting to achieve growth of between 25 and 50 per cent, mainly through a combination of new local and international markets.
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