20 Apr 2009
Many finance directors believe the recession will benefit their business in the future.
Half of the FDs from medium-size businesses surveyed by Baker Tilly said the recession will see them better structured to take advantage of an upturn, particularly as less capable rivals disappear.
Around a quarter of companies surveyed are considering making acquisitions in the next 12 months.
But 35% of respondents are worried about the lack of financing available for their business, compared to 23% six months ago.
The firm surveyed 100 public and private companies across sectors, with turnover between £20m and £250m.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
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