Are Go Ape feeling the credit crunch?
Oct 12th, 2008 by David
This quote from the business section of the Sunday Times 12th October 2008:
They were saying if you’ve got no debt and good cash reserves you should really hunker down. No-one can say where this will end up. It is so unprecedented, so if you don’t need to expand, don’t.
We’re able to survive a 25% drop in sales for at least two years but we are being careful with cash controls and we’re holding nonessential operational spending.
