Home Boost Business Lancashire logo

Two thirds of Lancashire firms planning 2014 recruitment

growth_forecast_2014___news_image 2

More than two thirds (68 per cent) of Lancashire business owners are expecting to create new jobs in 2014, according to a survey conducted by Boost Business Lancashire.

The Lancashire Growth Forecast 2014 found that two fifths (41 per cent) were expecting growth of more than 15 per cent in 2014. Giving an indication of strategic priorities and investment plans, 70 per cent of business owners said improving their sales and marketing was the biggest opportunity to grow their business.

However, business owners also identified a number of growth challenges with almost half (47 per cent) of those surveyed saying a shortage of skills among the existing workforce would be a potential barrier to growth in the next 12-months.

Results Infographic:

LCC_Forecast _Infographic _Print Andy Walker, head of business growth and innovation at Lancashire County Council, said: “It’s clear from these results, and from the businesses we are talking to on daily basis, that a growing number of the county’s business owners are optimistic about growth in 2014.

The challenge now is how they realise these growth aspirations, particularly in light of potential skills, funding and leadership issues. “We urge growth-hungry Lancashire businesses to look at how they can potentially address these issues through the array of business support programmes available in the county through Boost Business Lancashire, many of which are available free of charge.”

Share

You may also like...

Refreshed Boost Access to Finance service brings in two new advisers Access to Finance with LCC   FINAL
22nd February 2024
 | 
Funding
Refreshed Boost Access to Finance service brings in two new advisers
Lancashire’s Boost Access to Finance service has recruited two new advisers as part of a new-look support programme designed to help ambitious Lancashire businesses secure finance to achieve their growth ambitions.
Burnley software development agency continues growth with scaleup support Gareth Pritchard and John ORourke Get John
6th February 2024
 | 
News
Burnley software development agency continues growth with scaleup support
A software agency based in Burnley, which is expanding at pace to meet the demand of new global clients, is working with Two Zero’s Scaleup Leaders Network as it continues to scale.

Sign up to our newsletter

For insights and events to help your business thrive.

Funded by local govmt
Levelling Up
Department for Trade and Business
Northern Powerhouse
Lancashire County Council