Monday, August 17, 2009

Lack of finance could stifle restaurant industry recovery

A survey of members of the British Hospitality Association's National Restaurants Group, and conducted by the accountancy firm BDO Stoy Hayward, reveals that over one-third of businesses believe there will be slight growth in both 2009 and 2010 while a similar number believes there will be strong growth in 2010.

The survey warns, however, that growth in the future will be curtailed if finance is not made more readily available. This is widely considered to be one of the most inhibiting factors to restaurant expansion.
Read more:
http://www.costsectorcatering.co.uk/online_article/lack-of-finance-could-stifle-restaurant-industry-recovery/8369

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