Aussie executives smiling over business prospects for 2014

MORE Australian executives are heading into 2014 with a smile on their faces after a survey of 400 corporate players in metropolitan and regional areas showed more than one-third felt ready to grow.  

The analysis from researchers Dun & Bradstreet found 68% of businesses were more upbeat than they were at the same time in 2013.  

Its Business Expectations Survey found most were more optimistic about sales, profits, prices, investment and jobs than at any point in the past 12 months.  

D&B survey 400 executives nationwide, including those in regional parts of Queensland and New South Wales.

The results suggest 24% of businesses were planning to increase their prices in the early months of 2014.  

D&B corporate affairs director Danielle Woods said it showed the economy "has found its feet" after a troublesome 2013.  

"With companies looking ahead with optimism, forecasting strong sales and profits and most recently showing a willingness and capacity to borrow money to grow their operations, the signs are positive for the new year," Ms Woods said.  

RESULTS: How regional and city firms see the first three months of 2014:  

Optimism:

  • 68% more optimistic than they were in 2013.
  • 25% are less optimistic

Growth:

  • 35% see no hurdles to growing this year
  • 21% worry about demand for products falling.

Borrowing:

  • 18% of businesses will borrow to grow by March.
  • 81% probably won't.
  • 1% aren't sure either way


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