It is a second year of low or no growth in the UK economy with many businesses continuing to struggle. Looking at the small and medium sized enterprise, (SME), sector, low interest rates have enabled companies to survive the downturn and where funding requests have been made, it has been to support working capital requirements and not for growth or expansion initiatives.
Businesses appear to be waiting for something to happen but it is individual company’s that can be the catalyst for stimulating the economy. Few are really carrying out an annual MOT – (Management’s review of Opportunities and growth Tactics), evaluating their strategy and where they want the company to be in a year or two years time.
MW Interim Finance can facilitate these business reviews and assess operational efficiency across their business function’s, provide strategic options and facilitate their implementation to drive growth benefits.