JUST because there have been plenty of lean months doesn’t mean that companies don’t want to put some meat back on the bone.
In Great Britain and Europe, medium and small-sized businesses will invest hugely in the next 12 months according to a survey. Manufacturing and IT equipment, cars, and commercial vehicles are the big targets for firms with between 10 and 250 staff as ploughing money back into the business is seen as critical to a company’s growth.
Modernising to keep up to date with the right equipment, and so protect income, is high on the agenda and many organisations have lost thousands of pounds in the long term by not re-investing during the downturn.
In Europe the appetite for speculating to accumulate is even greater. So the message is clear – don’t compromise on your ability to create revenue by failing to take care of your assets.