| There seems to have been an increase in first time | | | | increase in difficulty in getting companies passed for |
| enquiries from three main industries in the last quarter, | | | | lease clearance, there does not seem to be a slow |
| these include; debt recovery agencies, nursery schools, | | | | down in the photocopier industry as people are still |
| and letting agencies. This influx of enquiries indicates | | | | upgrading to new models to take advantage of lower |
| that these industries are in fact prospering during the | | | | running costs and reduced leasing charges as well as |
| credit crunch and have expanded enough to justify | | | | greater energy efficiency. Many companies are also |
| owning or leasing a photocopier. Information like this | | | | finding that they need to do more marketing to reach |
| can go some way to judge how the credit crunch is | | | | sales targets and so are making good use of their |
| affecting Britain's industries. A high percentage of | | | | in-house colour facilities. |
| businesses (almost 38%) that have sent notice of | | | | Research has shown that the nursery and pre-school |
| going into administration within the last quarter have | | | | care market has grown by 5% in the last year alone, |
| come from the consumer industry, suggesting that | | | | which explains why a large amount of enquiries for |
| consumers are being more careful with their money. | | | | photocopiers have come from this area recently( It is |
| When this is compared with the increase of enquiries | | | | possible that it may no longer be reassuring enough to |
| coming from debt recovery agencies within the last | | | | have just one parent working as, according to the |
| quarter, it is obvious that there has been a definite shift | | | | Daily Mirror, 1 in 5 people are worried that they may |
| in the economy. | | | | lose their jobs ( Coupled with worries over owning |
| It is clear that the housing market has been affected in | | | | property and possible mortgage increases, this could |
| a big way by the credit crunch, especially now that | | | | be forcing both parents to back work shortly after |
| mortgages are less readily available. This has been | | | | child birth and thus increasing the need for nursery |
| reflected in the photocopier market, with less | | | | schools. |
| business coming from the housing construction and | | | | There has been much discussion and debate over the |
| development industry, but a substantial increase in | | | | last few months about which industries are being |
| enquiries from letting agencies. These changes support | | | | affected by the credit crunch and many people have |
| the fact that people are choosing to rent property as | | | | tried to make predictions about who will be affected in |
| the market is not stable enough to buy. | | | | the long term. Many businesses have noticed the |
| The idea of leasing rather than buying is also reflected | | | | affects of the credit crunch, but from looking at new |
| in the photocopier industry, with more businesses | | | | business in the photocopier industry, it seems that not |
| choosing to take out lease agreements on | | | | all businesses have been affected negatively. Perhaps |
| photocopiers rather than purchasing these devices. | | | | the results of this investigation indicate that businesses |
| This could be a positive outcome of the credit crunch | | | | and the public are being more careful about how and |
| as leasing office equipment can not only give peace of | | | | where they spend their money, which could result in a |
| mind but also allows businesses to keep up with the | | | | more stable economic climate in the future. |
| very latest technology. Although there has been an | | | | |
