Cooper Matthews, a leading provider of business debt advice and solutions for small to medium businesses requiring financial advice, comment on the increase in fuel and food costs which they predict could lead to a double dip recession.
Cooper Matthews are leading experts in business recovery services which can help a company avoid administration or other financial difficulties. Cooper Matthews understand that the recent economic downturn has left companies struggling to create a high turnover, manage their finances or pay creditors, which is why they are passionate about helping small and medium sized businesses with effective business plans which will vary depending on an organisations’ situation.
With many banks and building societies refusing to provide business loans to companies across the UK, various organisations may be struggling to recover from the aftermath of the recession. Due to the latest increase in fuel and food prices, many small businesses may suffer as a result. Cooper Matthews recently predicted that the UK will be subject to a double dip recession due to the increase; therefore, they can offer personal business debt advice and debt management plans which can help to create a productive and profitable company.
A spokesperson for Cooper Matthews commented: “While many have predicted economic growth in 2011, the recent increase in fuel and food costs could force many small businesses into administration should the UK face a double dip recession. Here at Cooper Matthews we are a dedicated debt rescue company with a wealth of experience and knowledge in effective business solutions, which is why we can provide business advice and company debt rescue services to help many businesses get on the road to recovery.”