There is no question that the current global downturn has presented business with the toughest economic conditions for several generations. However, innovative small and mid-sized businesses (SMBs) which are quick to react, adapt and find creative ways to accelearte out of the downturn....
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The second phase of the Sage Business Index polled a total of 10,006 businesses across the US, Canada, UK, France, Germany, Austria, Spain, South Africa and Malaysia/Singapore.
Nearly two thirds (63%) of respondents were owners and senior management, with 67% of all companies employing between one and 24 employees and the remaining 33% between 25 and 500 employees. Just over half of the business surveyed had been operating for more than 15 years, but just 16% had been in business for less than five years.
The responses to the survey came from businesses across a wide range of sectors from construction to services, retail, IT and manufacturing.
