What next for your business?
invest bulletin: issue 3, 2010
"Businesses are still
demonstrating an appetite for growth, despite prolonged economic
turbulence," says Peter Wright, Finance Wales’ investment
director.
"Even the strongest of businesses have been cautious during the
downturn, but a number are now demonstrating quiet confidence and
starting to think about investing for the future."
Drive and ambition
This growing confidence has been reflected in Finance Wales'
investment performance in 2009 – 10, when we invested £37 million
through 246 investments.
Read about our key
achievements.
"Finance Wales is doing more deals than ever despite the trends
we’ve seen in the market," Wright explains. "Launching our £150
million fund certainly helped, but the drive and ambition of Welsh
businesses played its part."
Planning ahead
A growing number of businesses we've previously invested in have
demonstrated their ambition and come to us for further investment.
They've used our investment to help them achieve a range of
goals.
"I believe that now is a good time to re-focus and think about
further investment. A good time for business owners and managers to
think about the ambitious and practical steps they can take to grow
their future revenues and profits," Wright continues.
Many of the businesses that talk to us are thinking hard about
how to improve efficiency, which could mean investing in people,
equipment or infrastructure. You may be thinking about relocating
to increase your business' capacity or diversifying into new
markets or even planning for management succession.
If any of these scenarios sounds familiar, perhaps it’s time you
talked to your financial adviser or to us about investment.
Growth capital is the key
"We’ve been seeing some excellent business plans recently,"
Wright concludes. "I’m pleased businesses are recognising the
important role growth capital can play and how the right funding
package can help businesses expand."
"Our annual investment level has increased for the fourth
consecutive year which means we are playing an even greater role in
helping Welsh businesses achieve their growth ambitions." Sian
Lloyd Jones, chief executive.