Survey shows 63% of micro and small entrepreneurs are optimistic about their business

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A survey carried out by Boa Vista with 500 micro and small entrepreneurs shows that at the end of the 3rd quarter 63% of them, representatives of the commerce and services sectors, were optimistic about the performance of their businesses compared to the first quarter of this year, when a percentage of 59% was registered.

The survey also shows that 56% of the population surveyed said they intend to make investments by the end of this year. Of this total, six out of ten will invest in new products and information technology. Another 51% intend to apply in qualified labor.

There was also a significant increase in the expected increase in sales. In the 3rd quarter of 2020 this index was 42% and this year, 60% hope to be able to leverage profits.

Along with the need to invest to generate growth, the study also shows that 49% of entrepreneurs expect a relevant reduction in the level of indebtedness of their companies: 38% believe that the indices should fall, 30% fear that growth will occur, and another 32% bet in its stability.

The Boa Vista survey also pointed to stability in the demand for credit. At the end of the 3rd quarter of 2020, the record was 46%, the same indicated in 2021.

In this universe of 46%, contracting credit will aim to guarantee working capital, with 41% of the mentions, practically the same level as in the 3rd quarter of 2020, of 42%. Another 16% declare to have the payment of debts as a priority.

“The survey shows that there is a growing positive expectation among entrepreneurs. The trade and services sectors are catching up to invest, hire and return to pre-pandemic levels. We also noticed a stability in the intention to take out credit, which demonstrates caution, very in line with the current scenario of high interest rates and lower income, and a more complex economic and political situation that draws for 2022″, says Flávio Calife, economist of Boa Vista.

Reference: CNN Brasil

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