The world is changing. Rapidly. We here at Masterplan Lending Advisors are here to help you navigate through these rough seas safely.
At the time of writing, war currently rages on in Europe following Russia‘s invasion of the Ukraine, with the wider consequences being felt across the globe in the form of what we can probably start referring to as The Great Energy Crisis. Not to mention that a lot of the planet is still feeling the fallout of the whole “unprecedented” COVID-19 pandemic. All of this under the great grey cloud that is Climate Change.
I could go on and on about the individual causes of all this uncertainty that we face, however I feel like that would be counterproductive.
Change brings about winners and losers. Whether your business becomes a winner or a loser depends on how you adapt to the situation. As a business owner, I don’t need to tell you that you’re going to face some tough decisions ahead. Right now, every business on the planet is working out how best to adapt to the sharp rise in the cost of living that has seen both Great Britain & the USA witness the highest level of inflation in over four decades.
It’s tough out there.
With no real sign of this letting up for a few years, history tells us that one thing we can all be certain on is that Interest Rates are going to continue to rise.
This has already started, with many central banks – BofE & The Fed included – having already implemented multiple point rises in their base rate. The impact of this is that, as with everything at the moment, the cost of borrowing is going to rise. And we all know that the knock-on effect of this is that a lot of people, both individuals and businesses alike, have to tighten the purse strings.
Whether you find yourself tightening the purse strings or not, it’s fair to say that every penny spent during such uncertain times should be done so with a little more care and thought than say, the mid-2010s, for instance.
We’re in the midst of a major economic reset. While this brings about winners and losers, there is no denying that a shift as seismic as this means that there are new opportunities aplenty. And it is the companies that adapt in the best way to take advantage of these new opportunities that eventually become the winners.
How you adapt your current operation will determine whether you become one of those winners or not.
With that being said, it’s important to state that staying afloat and continuing to trade throughout the impending recession and this next few years of high inflation – that is being a winner. The sad reality is that unfortunately, the losers in this situation ultimately are the people that lose their jobs as a result of their employer having to make cutbacks or even closing down completely.
You know as well as I do that these things are cyclical. There is light at the end of the tunnel, and there are most certainly opportunities out there.
Adapting will of course come at a cost though. In order to take advantage of this changing landscape, your business might need to employ some extra capital or may wish to lock in low interest rates today and repay over a longer term. That is where we here at Masterplan Lending Advisors come in.
Our team has a relationship with over one thousand lenders and funders across the whole spectrum of financiers. This ranges from private equity partners willing to invest in start-up projects, to the traditional debt partners willing to provide the secured funding for multi-million pound real estate developments.
If you are unsure about what the best financing solution might be for you, we are able to use our combined decades of experience to advise you on the best solution would be for someone in your situation.
Get in touch with us today by completing the contact form below to arrange a consultation so we can discuss how Masterplan can help your business prepare for the future.