SMEs face downturn more confidently than blue-chips.
| Position | First in ... |
[ILLUSTRATION OMITTED]
Entrepreneurs across Europe are more optimistic than large corporations about their prospects in the recession, according to a survey by Ernst & Young.
Over 80 per cent of SMEs in its poll saw opportunities to be exploited in the next 12 months. Only 16 per cent said they were focusing on survival (compared with nearly a third of larger companies), while 48 per cent were planning to expand into new markets (compared with 20 per cent of...
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