Growth of Mid-sized Businesses Essential to the Economy
A recent CBI’s report forecast that mid-sized organisations could add up to £50bn to the UK economy by 2020 . However, Neil Bentley, the CBI’s deputy director general commented, “Even with the right level of ambition firms will struggle to grow if they lack the right capabilities internally.”
According to Daniel Ball, writing for Real Business, if mid-sized organisations don’t ‘tool up’ for growth their potential could be hampered by cash flow issues, supply chain inefficiencies, and a lack of business visibility. This is a critical time in their development and they can’t afford to lose focus.’ http://realbusiness.co.uk/news/dear-mid-market-please-dont-change-that-much
Here at WestWon, we couldn’t agree more. And we firmly believe that leasing and asset finance has a bigger role than ever to play in boosting business growth and the economy.