Businesses see the silver lining from the recession

10/06/2012

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...Hilton-Baird Financial Solutions, commented.

"We believe that optimism is vital to recovery and are encouraged to see that the majority of our respondents have taken the opportunity afforded to them by the downturn to scrutinise their inner workings and processes to find ways of streamlining and cost-cutting.

“Despite a welcome air of positivity, challenges do lie ahead. Late payment and the rising cost of fuel and materials are still on the minds of our respondents. Yet the issue of generating new business remains the biggest challenge in the next few months.

“I believe that small to medium sized enterprises (SMEs) can tackle this head on by benchmarking their business’ operations. By reviewing its functions and ensuring the business is benefiting from the most suitable funding facility on the market, businesses can best focus their energy on the opportunities available to them.”

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