Praetorian Outsource Marketing Pleased Business Confidence Increased

July 25, 2012 - PRLog -- As a direct sales and outsource marketing company Praetorian Outsource Marketing has been riding high this year. So they were delighted to learn that their business partners around the West Midlands are sharing the optimism that they feel. The report released by Lloyds TSB Commercial called Business in Britain, showed that business confidence around the country has improved since January 2012 and no more so than in the West Midlands.

The overall business confidence balance in the West Midlands is 20 which is a 12 point increase from January when it was down at 8. The managing director for Praetorian Outsource Marketing is unsurprised by the confidence. “You only have to look around Birmingham and see small and medium sized businesses managing to stave off the recession. Our own field of outsource sales and marketing has been booming as companies have been looking to cut their costs and outsource to a specialised sales team like us. It’s been a trying time but I think that the fact that so many have ridden out the problems is testament to the support, forwards planning and hard work of so many businesses in this region.”

Of course there is still more to be done, “There are still some worrying trends” he continued. “Companies are still keeping major investment on hold and the report suggests that the long-term effect of this is that we will lose out to global competitors.” Praetorian Outsource Marketing understands from the report that 46% of businesses state that their investment will stay the same, 21 % intend to increase and 16% feel that they will need to cut investment before the year end.

John Robson who is the director for Lloyds TSB Commercial in the Midlands and North is more positive about the findings. He said, “It is encouraging, after a tough first half, to see that SMEs are exhibiting a lift in confidence and that they expect to see improved sales and orders over the next six months. Businesses have proved resilient in a tough economic climate and this is exactly what is required to see the UK economy grow.”

With confidence on the increase Praetorian Outsource Marketing is certain that the West Midlands and Birmingham in particular will continue to be a hotspot of business development and primary and secondary homes for major companies from both the UK and abroad. Exciting times are ahead.