With confidence in this regard showing signs of a steady increase, Morobe urges small business owners to renew their resolve to employ strategies that will boost the efficiency of their invoicing systems and promote a culture of prompt payment.SMEs must improve cash flow management
Morobe says that compared to the fourth quarter of last year, business owners have shown a more optimistic outlook heading into 2023’s end-of-year rush. “However, when compared to the same quarter in 2022, business confidence dropped by only 3 percentage points, with confidence that their business will grow in the next 12 months at 71%.”
The greatest dip was recorded in SMEs’ confidence that the South African economy will be conducive for business growth over the next 12 months. The SMEs surveyed were only 56% confident in the country’s economic progress, compared to 77% a year ago.Why SME confidence decreased
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Bron: ITNewsAfrica - 🏆 27. / 59 Lees verder »