I heard that the MAS manufacturing barometer survey is now regular reading in Vince Cable’s red box. The latest one paints quite a good picture showing that English manufacturing SMEs are ready to invest. They are very keen on investing strategically – meaning Innovating to Grow and planning their businesses more strategically.
As a registered MAS consultant I help business do just that.
- Half of the 682 firms questioned are planning to invest in new machinery and premises
- 67% are predicting future increases in sales turnover – highest recorded since survey began
- 82% of firms have gained new sales as a result of introducing new products or services in the past two years