News
60% of small firms in London looking to expand in recession
Around 60% of small and medium-sized firms in London are concentrating
on expanding their businesses during the recession, according to a poll
by Business Link in London.
The survey of more than 3,000 small
businesses in the capital found that despite three-quarters being
affected by the economic downturn the majority of small firms do not
want to just consolidate their firm, but actually expand.
The
poll also found that 42% of small companies are looking to exploit new
business opportunities and 17% are developing new products and services
to increase their market share.
"There's a great deal of
optimism in the face of the recession, with the majority of SMEs
remaining committed to growth," said Patrick Elliott, chief executive
of Business Link in London.
Client Testimonials
XT Motion have been a pleasure to work with, they had a raft of great design ideas that have worked to completely transform our website. They took the time to really understand our business and create a site that fulfils all our needs. We would happily recommend them to anyone wanting a really high quality website.
Business Development Manager
Sun Biofuels
We are very pleased we chose XTmotion to build our website. They have extremely helpful and responsive throughout the design and construction phases - often giving us very useful advice. We are delighted with the resulting website - which XTmotion constructed very quickly once we had produced the content.
Partner
FinFront
