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Small businesses in profit bounce back to pre-2008 levels

A greater number of small businesses have increased their turnover, expanded workforces and reported profits over the last 12 months, according to the Small Business Survey. These businesses forecast this positive trend will continue over the next year. The research of 4,355 small and medium-sized firms that employ at least one person, found that: 78% reported they have made a profit or surplus in the last 12 months, back to 2007 and 2008 levels and up 6% on 2012 40% reported their turnover is greater now than 12 months ago, compared with 29% in 2012. Only 18% report declining turnover, down from 31% in… #government #innovation #jobs

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