Results of the SFA Summer Business Sentiment Survey  

Earlier this month, the Small Firms Association released its Small Business Sentiment Survey report. The survey was conducted in August 2020 amongst members of the Small Firms Association.  


The most significant trends are as follows:  

  • One third (33%) of small business owners stated that the business environment is declining compared to 17% in Winter 2019.  
  • Risk factors identified were ongoing covid-19 restrictions, debt and business cost increases.  
  • Domestic economic growth continues to be the primary driver of business opportunities.   
  • Half of respondents said their businesses are growing.   
  • Over two-thirds plan to invest in the next 12 months. 
  • Most survey respondents intend to keep wages at their current levels or to award pay rises where the business performance allows. 


Thank you as always to those members who completed the survey.   


We encourage you to access both the press statement and a pdf copy of the Small Business Sentiment Survey.  


Please contact to discuss any aspect in greater detail or to request  







Facebook Twitter LinkedIn Digg Yammer
In this issue
SFA Fortnightly Update
SFA in the media
Brexit – The VAT consequences!
Budget 2021: HR update for employers
Brexit HR considerations
Results of the SFA Summer Business Sentiment Survey  
Leading the Way:  Investing in Management Development for SME Productivity and Growth
Free Business Support Programme - get a personal business Mentor
Webinar with Ed Sibley, Deputy Governor of the Central Bank of Ireland
GDPR two years on – A webinar with the Data Protection Commission