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Graduates could consider small businesses
Thursday, 29 April 2010
Recent university leavers looking for graduate jobs in business management may be interested to hear that there is renewed confidence among Europe's entrepreneurs, with almost one-in-three small businesses set for expansion in 2010.
According to a recent survey two-thirds (63 per cent) of those entrepreneurs are planning to go for growth during the second half of the year, while it was also established that three-in-five (58 per cent) of those polled are optimistic about the year ahead.
Now that the recession is at an end over half (53 per cent) of those questioned believe 2010 is a good year to start up a small business with nearly a fifth (19 per cent) highlighting gaps in the market caused by company closures as a key opportunity to capitalise in the economic upturn.
Alan Thomas, small business expert at Hiscox, said: "The SME sector is a strong bellwether for the rest of the economy so it's a great sign that Europe's entrepreneurs believe they are now in a sound financial position and well placed for growth in 2010.
"But small businesses cannot lead the charge alone. The tough economic climate of the last two years has left many in a delicate position so it's vital that the right support is provided."
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