Some of the the
best indicators are the least sophisticated. The UK economy may be showing
signs of recovery but is far from robust – the clearest evidence of this can be
seen as you walk down any High Street.
The rising number and
popularity of charity shops tell underscore that many families are struggling
whilst at the same time the spectre of administration looms large.
With many people
continuing to struggle with debt and job insecurity it is hard to imagine a
return to the heady days of consumer excess.
As the knock on
effect percolate back down the chain many businesses will suffer.
External factors by
definition are difficult to handle but at the same time in-house disciplines
can at least provide some insulation.
Cash-flow will continue
to be a critical issue over the coming months so as always strict governance of
debtor and inventory control will provide some measure of comfort.
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