Ed Rimmer, Chief Executive Officer at Time Finance, shares his predictions on what 2023 will bring for businesses and the key trends to expect this year.
As businesses close the door on a year that brought them challenge after challenge – from soaring energy costs, workforce shortages, political instability, inflation, and supply chain disruptions – a new year brings new opportunities and the chance to embrace a fresh start.
SMEs up and down the country showed a defiant response to those challenges, and whilst economic growth slowed and predictions of an impending recession loomed, confidence remained high. So much so that moving into 2023, our Time Finance Business Barometer Survey found that 82% of business owners are feeling optimistic going into the next 12 months.
Time Finance plc (LON:TIME) is an AIM-listed business specialising in the provision or arrangement of funding solutions to UK businesses seeking to access the finance they need to realise their growth plans.