As we reach the end of 2010 there are many businesses still under pressure to maintain sales, margins, profitability, service their debt and create / maintain positive cash flow. Some businesses have managed to recover their cash position but are indecisive about investing for the future. Whether driven by perceived risk, fear of failure or apathy decision makers in SME’s and some larger organisations are not addressing issues, some critical, in re-evaluating their operational or strategic focus. This is the first time in over a year when all the factors likely to impact businesses in the future, more so in the private sector, are “known”. The austerity measures are in place, taxation rates understood, interest rates stable, lenders willing to support good business cases and even retirement and pension related issues have more clarity.
2011 should be a year of increasing confidence and utilising an independent business resource is one way of stimulating a business to review, plan and invest for an economic upturn and to maximise potential opportunities. MW Interim Finance provides independent professional finance support to assist is implementing achieve your strategic and operational objectives. Visit www.mwinterimfinance.co.uk for further details.