SME Confidence Tracker

Quater 3, 2018

SME Tracker

What is the SME Confidence Tracker?

The SME Confidence Tracker surveys 200 of Ireland’s small and medium sized businesses on a quarterly basis. The Tracker charts the confidence of owners and senior decision-makers of businesses in manufacturing, construction, wholesale, transport, and services sectors. Fieldwork for Q3 took place throughout September 2018 and respondent businesses had an average annual turnover of €2.9m.

Download the report

SME Tracker

Key Findings

  • The majority of SMEs (80%) plan to invest in their business over the next three months
  • Almost two-thirds (65%) of SMEs expect sales to increase in Q4 2018
  • More than half (56%) of SMEs are taking steps to prepare for Brexit, with 38 per cent exploring new markets and 26 per cent diversifying their business
  • 20% say the UK’s departure from the EU is the biggest challenge they are currently facing
  • 88% of Irish SMEs believe government needs to offer greater support
  • More than a third of SMEs suffered from a bad debt in the past 12 months
View the infographic

Contact Icon

Speak to one of our team today on 01-297-4911