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Good news! Actually, we have a double dose of felicitous tidings courtesy of the new survey by SAP into the thoughts of small and medium sized British firms.

The survey, The SME Growth Imperative, has profound implications into how the recession can be ended and what the Chancellor can do to speed up the recovery.

Revelation number one: British small and mid-sized firms are ambitious. Really ambitious. In fact, 96 per cent of SMEs are looking to grow their businesses – an astonishing refutation of the assumption that most firms are merely “lifestyle businesses” where the owners are content merely to exist, unconcerned with swelling revenues or profits.

Revelation number two is the way these firms plan to grow. In the past six months more than half of SMEs reported: investing in their growth plans, pouring cash into technology, financial operations, business planning and management training. This is a wonderful omen for the nation’s economic prospects.

Download the free White Paper on this here