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CONFIDENCE TRACKER www.smeinvoicefinance.co.uk Q1 2016
6

UK SME Confidence Tracker 2016

Jan 21, 2018

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Mal Jacobs
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Page 1: UK SME Confidence Tracker 2016

CONFIDENCETRACKER

www.smeinvoicefinance.co.uk

Q1 2016

Page 2: UK SME Confidence Tracker 2016

www.smeinvoicefinance.co.uk

OF UK SMES EXPECTSALES INCREASE IN Q2

MOST CONFIDENT AREAS

• Wales• South East (Excl. London)• South West

LEAST CONFIDENT AREAS

• West Midlands• East Anglia• Yorkshire & Humberside

48%

Page 3: UK SME Confidence Tracker 2016

www.smeinvoicefinance.co.uk

TOP CHALLENGES IN Q1 2016

Increased Competition

Rising Costs

£

Regulations

Page 4: UK SME Confidence Tracker 2016

www.smeinvoicefinance.co.uk

TOP 5 AREAS OF INVESTMENT

Q1 2016 Q2 2016

EXISTING STAFF

OFFICE EQUIPMENT

IT HARDWARE

MACHINERY OR EQUIPMENT

IT SOFTWARE

EXISTING STAFF

NEW STAFF

NEW PRODUCT OR SERVICE

MACHINERY OR EQUIPMENT

IT SOFTWARE

Page 5: UK SME Confidence Tracker 2016

www.smeinvoicefinance.co.uk

SMES BOUNCE BACK IN Q1 2016

Growth expectations rise by 12% points in Q1 2016 when

compared to Q4 2015

12%GROWTH

48%SALESINCREASE

Almost half expect increasing sales, up from 36%

THREEQUARTERSINVESTED

Only 8% expect declining sales

3/4 Invested in their business over the past three months

8%SALESDECLINE £

Page 6: UK SME Confidence Tracker 2016

Unlock the cash in your unpaid invoicesApply at www.smeinvoicefinance.co.uk

Source: www.bibbyfinancialservices.com

WHAT IS THE SME CONFIDENCE TRACKER?