A recent survey by the Bank of Scotland has shown that Scottish business experienced steady growth in turnover as a whole during the autumn. This follows a good year for businesses with overall volumes of repeat trade also up strongly during the summer months. 37% of firms surveyed reported rising turnover, while 22% said it was down. Unfortunately the report showed levels of exports remained relatively quiet.
However, the survey also revealed that as we enter 2014 business leaders are feeling positive about their prospects, including a significant improvement in export performance.
Bank of Scotland economist Donald MacRae said: "The surge in economic activity identified in summer 2013 has been maintained through to autumn with the latest quarter showing the second best result in six years.
"As a result, the Scottish economy should record a year of growth in 2013. Expectations for 2014 remain high, suggesting the recovery will continue into 2014. Consolidation of the recovery would be enhanced by firms increasing investment."
The bank also asked questions about the role of online activity in today's businesses. The results showed that only 73% of service companies had websites, while 91% had an email address. This company has both, as you will probably have gathered if you are reading this post.
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