According to The Business Barometer index of the Canadian Federation of Independent Business, Canada’s small business confidence rose again last month to the highest level since the first quarter of 2007, climing to 68.7 during the month of September, a 3.3 increase from August. Last December was when the index hit a record low of 39.4. And just for your information, based on past results, index levels normally range between 65-75 when the economy is growing.
What’s more, a survey released today said for the first time since the recession, better sentiment was backed by stronger capital investment.
Many small businesses have survived thanks to invoice factoring, a strategy which has been used for centuries.
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