Entrepreneur Insight Index, October 2008

It’s no exaggeration to say that the economic news has become gloomy at best. The International Monetary Fund and the OECD predict “major downturns” globally and in the UK. The British Chamber of Commerce thinks that we are in recession and that the effects of the turmoil in international markets are already having an impact on the real economy. So how refreshing it is to see the results of the first Grant Thornton Entrepreneurs’ Insight Index this month. It found that although the going is tough and a squeeze on sales volumes and margins is highly likely, close to 70% of UK entrepreneurs are determined to soldier on through the current conditions and stick with their business come what may.

Below Alysoun Stewart, a partner in Entrepreneurial Services comments on the report.

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The report is in PDF format and you will need the Adobe Acrobat reader to view it. This software can be downloaded for free from Adobe if you do not already have it

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