Thursday, 11 October 2012

Economy won’t be corrected, we have to correct it.


The country is going through a difficult phase economically and the UK wholesale business has been suffering along with the economy because obviously it is the part of the larger economy of the country. A lot of wholesalers have tried to go for innovation in the fields of web marketing and supply chains and this has helped as well but when the overall business situation of the country is not in order, the wholesalers cannot escape from this problem as well. It has already been reported that the organization of wholesalers in the country has asked the government to freeze the increments in the pay scales of the employees from October 2013 because it is not affordable for them.

However, it is a fact that the wholesale businesses throughout the country are not suffering and there are certain centers where the business has see good exposure of money. One such example is of Thames Valley that has seen positive trends despite all the problems that are being faced by the country and the overall economy. Another point is that despite the problems that are being faced by the economy, there are certain businesses that have seen a boom. The UK wholesalers must learn their ways and look at it carefully what good they are doing In order to make good money even during this period when the economic situation is not appropriate.

It can be said that the individual brilliance is the key to success in their case but it is also a fact that this individual brilliance is enhanced by a good strategy and if the strategy is good the business may prosper even under these circumstances. The problem with the economy is that the businessmen have stopped trying. Unless and until this issue is not taken up seriously, the wheel will not start to role. The big investors, who have held their money back, can also try and think of newer ways of multiplying their money.

The government was criticized that it was not doing any thing to correct the situation. Though, it was untrue and the government has always taken measures whether they bore fruit or not but this time the government has come up with something solid and concrete as they have decided to open a new bank for the medium sized businesses to provide them with the loans at easier terms and through easier means. Although the bank has not been set up as yet and it has only been announced but it is hoped that it will soon be able to start working. Now it is up to the businessmen how they make something out of this opportunity.

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