spring 23 survey response

Confidence is on the rise

The Entrepreneur’s Forum Quarterly Members Pulse Survey has highlighted that, despite key challenges, including inflation and the impact of the war in Ukraine, most members are feeling optimistic about their business’s prospects for 2023. Out of those who responded, 77% are feeling optimistic, an increase of 4% since the last survey in November 2022.

How are you feeling about your business’s prospects for 2023?

Overall, a majority of members (77%) feel either very optimistic or optimistic about their business prospects for 2023. This compares to only 4% of members stating they feel pessimistic.

In total, 89 members completed the second Pulse survey, which was undertaken by Explain Market Research and looked to understand members’ optimism levels for the new year ahead, as well as some key challenges they are expecting to face.

Key findings

More optimistic than we were heading into 2022, but this was mainly because we had made a number of organisational changes at the end of 2021. These changes have had the positive impact that we hoped. We are now targeting growth, but realise that it is currently a very difficult marketplace, however the changes we made in 2021 give us a very stable platform to work from until the marketplace improves” Member for 1-5 years, Engineering, Male

Optimistic, but continued uncertainty on the economy, inflation, Ukraine war, future general election” Member for 6-12 months, Recruitment and HR, Female