BusinessCompany NewsFDs see benefit of the recession

FDs see benefit of the recession

Less well-managed rivals will disappear, while well-run companies will fly out of the blocks in the upturn, say FDs

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.

Further reading:

The FDs’ FD: What can you
sell?

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