Is the financial recession over and done with?
For the last three months, we have gradually experienced indications that the recession might be abating.Throughout the worst six months of the recession, Frokost.dk experienced a decrease going from 6.000 to 5.000 place-settings. This decrease was quite evident and required careful adjustments. For the past three months, we have had a steady number of approx. 5000 place settings. Now, we are speeding up in activities such as sales and marketing (which was totally useless to do at the time of the recession’s peak), and it will be exciting to see whether the next three months will offer progress yet again.
In GodtSyn, we are experiencing greater sales than ever in these weeks – even greater than the sales numbers from last year at this time.
Our investors are showing cautious signs of being favorably disposed towards new projects, and our dialogue with new investors is progressing very well.
What is your experience – is the financial recession coming to an end?