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Small Donegal firms "optimistic" about 2015 20.01.15

SOME 60 per cent of small firms in border counties including Co Donegal are optimistic about the year ahead.
And one-in-eleven of them plan to open a new premises this year, a new study shows.
The study of over 600 SMEs across the Republic of Ireland by Amarach Research on behalf of cloud telecoms provider Magnet, however, revealed that companies of five staff and under are less confident while all feel the Government is not doing enough for them.
Some 30 per cent of firms in border counties do not know who their local public representatives are, and only 12 per cent are aware of the technology and business grants available that are worth up to €5,000.
The manufacturing sector is most positive in its outlook for the year ahead, with SMEs in hotels, restaurants and bars the most negative.
“Businesses are proving very resilient in the face of the high operating costs and financing issues they are facing,” said Magnet CEO Mark Kellett.
“While the upswing is seeping through to all businesses, it’s clear that the smaller ones are most vulnerable and in need of support.”
Just 9 per cent of small businesses in Donegal and surrounding counties feel the Government is doing enough to help them. However, firms were generally positive about Budget 2015 (55 per cent), the figures also show.
Magnet said the planned roll-out of the national broadband scheme is "critical so that all Irish SMEs can avail of the supports such as the online trading voucher".
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