A new quarterly survey that tracks entrepreneurs' business sentiment worldwide indicates a strong revival of business optimism as debt levels at many companies fall.
The Global Entrepreneur Indicator, launched by the Entrepreneurs' Organisation and Standard Chartered Private Bank, revealed that over the next 12 months almost all entrepreneurs (96%) predict their headcount will rise or remain the same, with more than three quarters (76%) predicting an increase.
More than 80% of entrepreneurs globally saw their net profit stay the same or increase over the past quarter, with a little more than a third (37%) actually seeing it rise.
An even greater majority (89%) are predicting their net profit to stay the same or increase over the coming quarter, with almost a half (48%) predicting it will actually increase.
Around half of entrepreneurs globally (49%) have seen their exposure to debt remain the same with almost one in five entrepreneurs (19%) seeing a significant decrease. Almost none of the respondents (3%) had increased their debt significantly.
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