Recession is good

Another great example of businesses getting ready for the upturn is from the big end – many listed companies, especially the banks, have been raising equity and going on a buying spree.  They have taken advantage of the hard market conditions to acquire otherwise good businesses at very attractive prices.  As the economy improves, many of the businesses that have made good acquisitions and bedded them in now will take a greater share of the spoils as revenue trends head skywards once more. Small business need to learn from this – act now but like Amanda says – plan to act first.  Rushing into any acquisition without a well thought out strategy is a recipe for the liquidators later.