Lethbridge enterprise house owners optimistic heading into 2023: survey

Lethbridge enterprise house owners optimistic heading into 2023: survey

Roughly 69 per cent of respondents stated they really feel considerably or very optimistic about their enterprise outlook over the following six to 12 months. One other 13 per cent had been impartial whereas 15 per cent had been pessimistic.

60 per cent reported enterprise progress during the last yr, up from 54 per cent in 2021.

52 per cent plan to extend their labour power in 2023 and 65 per cent plan on elevating wages for workers.

The highest three strengths that they survey revealed about doing enterprise within the Lethbridge space had been the standard of life, collaborative setting, and proximity to complimentary industries.

The most important challenges, however, had been the price of utilities, municipal tax setting, and workforce availability.

Enterprise house owners say they’re planning to adapt to the present challenges by slicing prices (61 per cent), enhancing firm productiveness (60 per cent), and growing new services (49 per cent).

EDL CEO Trevor Lewington famous that most of the general themes from the survey revolved across the workforce.

He believes that attracting extra folks to the area will proceed to be essential to the financial system.

“Securing a gifted workforce is at all times excessive on the record when website selectors are contemplating a location for a brand new enterprise funding,” says Lewington. “Our job at EDL is to work with our companions, stakeholders, and each degree of presidency to make sure we’ve got sufficient certified staff for our metropolis to welcome new funding in addition to growth of present companies in Lethbridge and the encircling area.”

The complete 2022 Lethbridge Bridger Collectively Survey will be learn on the Select Lethbridge web site.

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