Beware Post-Recession Boom Claims Warns Finance Expert

By: Global Advisory Group
 
HALE, U.K. - June 29, 2015 - PRLog -- Business owners and company directors should beware the post recession positivity expressed by a variety of pundits who quote increased Stock Exchange activity, falling unemployment figures and a rise in domestic productivity as evidence of a return of the’ good times’

“We still have a long way to go to reach the economic conditions we enjoyed before entering  the longest and deepest recession we have ever experienced,” said business finance expert Glenn McDowall, founder and MD of the Cheshire-based Global Advisory Group.

“The economy may seem a little healthier and business owners might be feeling a touch more positive about the future. However, I firmly believe the business community needs to remain calm but cautious in view of the range of  international factors that could have a negative impact on the economic outlook,” he added, speaking from his consultancy’s Hale headquarters.

“Questions remain about the European situation with a much-discussed in-out referendum on the horizon. The results of such a ballot could have a significant impact on the economy and ultimately on every business across the UK.

“But referendum apart, Europe is also watching and waiting for a resolution to the on-going Greek situation. Can Greece realistically remain a member of the EU in view of their huge debts? Whichever way things go, you can be certain of one thing – there will be an impact on the UK economy.

“Economic challenges could also lie ahead for the once booming Chinese economy and Japan has been in the economic  slow-lane for 26 years. Even decisions like the USA’s recent announcement that it was to put 260 battle tanks on the Russian border can have a significant impact on the economy.

“That is why I believe businesses must ensure that they are always prepared for sudden change,” added Glenn whose long and successful career in business and finance across Australia, China and Japan honed the management and financial skills that he uses to advise his entrepreneurial business clients.

“Being aware of the challenges ahead, ensuring your management and financial infrastructure remains up-to-date and maintaining good business discipline in terms of financial housekeeping will always assist the professional businessperson to meet whatever challenges they face.”

The Global Advisory Group provides expert business and financial advice and assistance to crisis hit entrepreneurs – both debtors and lenders.

For further information about the Global Advisory Group click onto: www.globaladvisorygroup.eu

ENDS

Contact
Carl Nagaitis, Bryher Business Partnership Ltd
***@bryherbusiness.co.uk
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Source:Global Advisory Group
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Tags:Financial Advice, Insolvency Practitioners, Solicitors, Accountants, Business
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Location:Hale - Cheshire - England
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Page Updated Last on: Jun 29, 2015
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