Small businesses worldwide remain optimistic about their long-term prospects despite the economic downturn, according to a survey conducted in April by the Economist Intelligence Unit.
According to the survey, 83 percent of small-business executives are optimistic about their company’s long-term ability to rebound when the economy improves. About 65 percent expect their company’s market share to increase by the time the recession ends, and 73 percent expect revenue to have grown by then.
Only 6 percent of small-business executives worldwide expect the quality of talent in their organizations to decrease once the economy improves; 38 percent expect it to increase.
Yet many of the business leaders surveyed say their governments are doing too little to support them through the worldwide downturn.
Forty-eight percent said local government is unsupportive of their business, and 39 percent say the same of national governments.
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