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I have just returned from my usual weekly networking event attended by 45 to 50 small businesses. Many of these are clients and I need to be careful what I say but some information that was imparted to me today that I can reveal about 'the real economy'.
One East Kent small business has been on a recruiting drive taking on 4 new full time staff and promoting one other this very week. He is now looking for a trainee. This business is working in the depressed property market.
A business in the construction industry providing quality and expensive products in the retail market is having his busiest ever year.
A wholesaler into construction was telling me that he too is having his best year in business. I am particularly pleased for him because he has had some very bad times in the past.
Then there is me, I too am on track for my best ever business year at the half-way point.
So you see, it is not all doom and gloom but we must not forget that despite lots of success it remains a difficult economy. I have also heard tales of how quiet things are, about how worried some people are.
So it is fragile but they do all say the same, even the business who is recruiting, they are worried it will all come to a grinding halt and are worried about expanding. Confidence needs to be imparted and decisive supply side action will help this.
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