Most small business owners would prefer Fianna Fáil-Fine Gael coalition, survey finds
A survey of small and medium enterprise owners has found a majority favour a Fianna Fáíl and Fine Gael-led government.
Fianna Fáil was the clear winner of Friday’s election, securing 48 of the Dáil’s 174 seats, while Sinn Féin took 39 and Fine Gael won 38.
Mr Martin’s party is expected to once again partner with Fine Gael in a coalition, but would still need the support of another party, or a number of independents, to achieve a majority in the Dáil.
The poll of members of the ISME, an independent business association of SME owners, revealed that 76 per cent support Fianna Fáil and Fine Gael as their preferred government coalition.
The survey found that SMEs are optimistic yet cautious, with 45 per cent forecasting revenue growth in 2025, while 31 per cent predict increased profitability, and 45 per cent expect reduced profits.
The results of the ISME flash survey of its members also highlighted the critical challenges facing SMEs and the policy areas requiring urgent attention.
According to the survey, the key priorities for ISME members are reducing the cost of doing business to ensure competitiveness, streamlining and minimising regulatory burdens that hinder operations, and investment in infrastructure to support business sustainability.
Neil McDonnell, chief executive of ISME, said it was vital for the next government to recognise that SMEs are the backbone of the economy.
"By addressing these priorities, we can unlock growth, encourage innovation, and secure the livelihoods of thousands of workers.
"Our survey shows that ISME members remain very concerned about their future and we will continue to engage with political parties to ensure the concerns of SMEs are reflected in the upcoming programme for government."