Survey indicates business confidence

The key findings for the second Victor Harbor business survey show local businesses are optimistic about the future.

More than 190 local businesses responded to the survey which was circulated by the City of Victor Harbor and Business Victor Harbor to gain a clearer understanding of the challenges and opportunities faced by the business community.

The survey focussed on finding out more about the types of businesses in the council area, past and future performance, their views on the local business environment and the type of support services that would grow and sustain their business.

The survey also specifically asked businesses if they felt the new developments including ALDI and Coles/Bunnings would impact their business.
Just over 45% of the survey respondents believed the new developments would have a positive impact on their business while 43% felt there would be no impact.
In terms of trading performance, there was a clear trend that business performance in the last six months was generally better than the same period from the previous year. While growth constraints remained unchanged with rising utility costs, price pressure from customers and taxes and government charges remaining the key challenges for local business.
 
Full details about the Victor Harbor business survey including the key findings report can be viewed online at www.victor.sa.gov.au/businesssurvey

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