São Paulo – Brazilian micro and small business owners are more willing to invest. The index Demand for Investment of Micro and Small Businesses increased from 29.8 points in April of last year to 40.6 points in April of this year.
The survey was conducted by credit consulting firm Serviço de Proteção ao Crédito (SPC Brasil) and National Confederation of Retail Managers (CNDL). The index ranges from zero to 100 points and the higher the index the higher the disposition of business owners to invest in the next six months.
According to the survey, the percentage of micro and small businesses planning to invest jumped from 25% to 34%.
Among those willing to invest, the priorities mentioned are the purchase of machinery and equipment, the company’s renovation, increase inventory and advertising via media.
Translated by Sérgio Kakitani