SME's target next year is expansion, says Alliance & Leicester by Finance News Bulletin

Published: 16/03/07

wwwmoneynewscouk > universal finance > SME's target next year is expansion, says Alliance & LeicesterThe main main concern for nearly half of small and average sized enterprises (SMEs) in the UK is expansion during 2007, says Alliance & Leicester

A total of 48 per cent put expansion as their main aim for next year while a further 30 per cent of respondents to the Alliance & Leicester profitable Bank's Business Banking Observer poll said that they wished to strengthen client tiesFeelings about the UK economy in general were comparatively mixed for the upcoming day with 48 per cent stating that they were more floating about the economic future compared with a year preceding Just over a quarter (26 per cent) said they were slightly or much less confident about 2007 than a year beforeSteve Jennings, director of business banking at Alliance & Leicester, commented: "It's actually encouraging that so many small businesses are optimistic and ambitious about their prospects in 2007 and are planning for growth

"Whilst this is huge news, having the right finances in place is essential for sustaining business enlargement - having a supportive business bank behind you to assist you meet your business objectives can make all the dissimilarity"Alliance & Leicester offers a range of accounts for little to medium sized companies including the Business Builder present Account and

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