Thursday, March 17, 2011

Credit Crunch Impact on Copier Industry




It seems thatincrease in for the first time questions of the three major industries in the last quarter , and include , debtrecovery agencies , nursery schools , andletting agencies . This influx of inquiries shows that these industries are in fact prospering during the credit crisis and expanded enough to justify owning or leasing of photocopiers. Infor-mation as it can go some way to assess how the credit crisis affecting Britain's industries. high percentage of companies (almost 38%) who were sent notice of going into Administratio-n in the last quarter came from the consumer industry, suggesting that consumers are more careful with their money. When this is compared with an increase in inquiries coming from debt recovery agencies in the last quarter, it is obvious that there has been a shift in the economy.


It is clear that the housing market has been affected in a big way by the credit crunch, especially now that mortgages are less available. This is reflected in the photocopier market, with less business coming from residential construction and development industry, but a substantial increase in inquiries from rental agencies. These changes support the fact that people are choosing to rent property as the market is not stable enough to buy.


The idea of ​​leasing rather than buying is also reflected in the photocopier industry, with more busin-esses choosing to get out of lease agreements on photocopiers rather than purchasing these devices. This could be a positive outcome of the credit crunch as leasing office equipment can not only give you peace of mind, but also allows companies to keep up with the very latest technology. Although there has been increasing difficulty in getting companies passed for the lease of clearance, there does not seem to be slowing down in the photocopier industry as people are still upgrading to new models to take advantage of lower costs and reduce rental costs, as well as greater energy efficiency. Many companies are also finding that they need to do more marketing to reach sales targets and so are making good use of their facilities in-house color.


Research shows that preschool and kindergarten care market grew by 5% in the last year alone, which explains why a large amount of inquiries for photocopiers have come from this area recently (telegraph.co.uk / news / newstopics/politics/education/2437850/Nursery-school-demand-soars-as-older-mothers-return-to-their-careers.html). It is possible that it can no longer be reassuring enough to have only one parent working as, according to the Daily Mirror, 1 in 5 people are concerned that May lose their jobs (mirror.co.uk / news / top-stories / 2008/09 / 30/credit-crunch-britain-the-grim-statistics-115875-20761018/-). Along with concerns about owning property and possible mortgage increases, this could be forcing both parents back to work soon after birth, thereby increasing the need for kindergarten.


There was much discussion and debate during the past few months about which industries are affected by the credit crunch and many people have tried to make predictions about who will be affected in the long term. Many companies have noticed the credit crunch, but from looking at a new job in the photocopier industry, it seems that not all companies are adversely affected. Perhaps results of this study show that businesses and the public to be more careful about how and where to spend their money, which could result in more stable economic climate in the future .-

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