Signs of optimism among mid-size business' future outlooks

A new MYOB report has found more than half of businesses surveyed, are expecting to see their revenue increase in the next 12 months.

It also found 60 percent were seeing more work or sales activity in the pipeline for the first half of the year than usual.

But MYOB spokesperson Anna-Louise Hoffman, says they're also having to contend with including rising costs, competition and regulation.

She says these are a few of the barriers preventing them from reaching their potentials, and the quicker those are addressed, the better they'll be for the rest of the year.