Clearly the recession is causing plenty of problems to the Black Country economy but Andrew Smith, who is a director at Lewis Smith & Co. the Dudley-based Black Country accountants, is keen to point out that there is good news to be had.
“Our clients are much more upbeat than 6 months ago and they are beginning to see a real increase in business activity. Fortunately this optimism is coming from all sectors from service to manufacturing: we have a steel stockholder client back in profit after 6 months, for instance.”
“We are also seeing a lot of new business start-ups, an area that we specialise in, as people take redundancy and invest their pay-outs. We are confident that most of these emerging entrepreneurs will be able to hold their own during the downturn and then take-off as the economy improves.”
Lewis Smith & Co. is living proof that companies can prosper in the midst of difficulties as it prepares to move to new, larger offices in Dudley. The new premises are part of its expansion plans and are need in order to house new staff and provide improved facilities for visiting clients.
Lewis Smith & Co. – Business start-up specialists for Dudley, Stourbridge and Halesowen.
Call us today on 01384 235549 for help and advice with accounting, taxation or business planning.