Lethbridge enterprise homeowners optimistic heading into 2023: survey

Lethbridge enterprise homeowners 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 subsequent six to 12 months. One other 13 per cent have been impartial whereas 15 per cent have been pessimistic.

60 per cent reported enterprise progress over the past 12 months, 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 have been the standard of life, collaborative surroundings, and proximity to complimentary industries.

The most important challenges, then again, have been the price of utilities, municipal tax surroundings, and workforce availability.

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

EDL CEO Trevor Lewington famous that lots of the total themes from the survey revolved across the workforce.

He believes that attracting extra individuals to the area will proceed to be vital to the economic system.

“Securing a gifted workforce is all the time excessive on the checklist when web site 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 now we have sufficient certified employees for our metropolis to welcome new funding in addition to enlargement of present companies in Lethbridge and the encircling area.”

The total 2022 Lethbridge Bridger Collectively Survey may be learn on the Select Lethbridge web site.

READ MORE: Lethbridge Information Now