RSS feedsI mention them because their collapse - and Northern Rock’s - makes you wonder whether ‘business’ as we know it will still be here tomorrow. If banks can fold so easily, what else can we depend upon?
As advisers you may consider yourself at the sharp end of things, though others might argue they feel their prospects have been blunted by matters outside of their control. The fallout from the banks’ poor investments and weak lending criteria means that consumer spending is down, borrowings cannot be confirmed and times are tough.
Advisers just have to keep their heads down and ensure clients stay on track. As most of you are doing. See our regional focus on what fires advisers and SMEs are fighting.
With your business and financial acumen to rely upon, perhaps your clients won’t feel quite as helpless as many in the City right now.
Details of our 21 October web seminar: Staying Afloat in 2009: Keep your Practice and Clients in the Black, can be found at accountancyage.com/webseminars
