This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

FM 2017 bucket list created from latest market research

19 December 2016

Five achievements for FMs to aim for in 2017 have been compiled from the latest Plimsoll study into the top 402 companies in the sector.

Created from the Plimsoll Analysis Facilities Management study, this focuses on the financial performance and value of each of the businesses included.

Senior analyst David Pattison provided his thoughts on the top five recommendations and the reasoning behind their inclusion.

1. Learn from the successful

Highlighted in the study are 45 firms that have proven the market is no barrier to success. Each of these market leaders are achieving staggering sales growth and delivering record profits.

These firms are getting it right in the market and are setting the standards for financial performance.

2. Beware of Brexit!

As the Government’s Brexit plans start to become more apparent, the Plimsoll Analysis has assessed the 134 businesses that could be most affected by Brexit.

Can 13 of the industry’s largest exporters cope with potentially restricted access to the single European market?

3. Assess your business value

In a time of change in the market, all business leaders should be keeping an eye on their businesses value.

Plimsoll identified 35 firms whose value has fallen by a third and many of these businesses need an injection of capital.

4. Go in search of higher margins

Key to your company’s long term success is good profitability and 50 firms named in the analysis are delivering 8.5% margins – showing that real value can be added in a market.

Understanding how these firms are structured and their business models will prove vital to your future profitability.

5. Monitor those failing in the market and exploit their weaknesses

The year ahead will not be without causalities and named in the analysis are 70 firms whose risk of failure in 2017 is higher due to their low financial health.

Two important lessons can be learned from these firms:
Know their weaknesses so you can exploit them their market share;
Understand how the problems started so that you can avoid the same mistakes.


Print this page | E-mail this page

http://www.fsifm.com
PFM


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

PFM Awards seminars provide unique insight

Yesterday saw the first seminars presented by the PFM Partnership Awards in the event's 26-year history, receiving highly positive feedback from both prese...
Article image

Communication is essential for delivery of health and safety

Complying with legislative requirements in all areas of facilities is one of the overriding areas of concentration for all FMs and these are often regarded...
Article image

ABM UK launches second year of perception change campaign

This month, leading facilities management services provider, ABM UK, kicked off year two of its Junior Engineering Engagement Programme (J.E.E.P) followin...
Article image

CCS confirms modular solutions framework

Designed with the education and healthcare sectors, Crown Commercial Service (CCS) has announced the launch of its Modular Building Solutions framework....
Article image

How to manage and maintain your building’s lifts

Being tasked with the responsibility of managing a building’s lifts, lifting platforms, escalators or moving walkways, can be daunting....
MPU