Future options - moving on from retailing or growing
During tough market conditions, businesses in the nursery and garden industry are faced with the pressure of choosing whether to exit the industry or adapt to meet a changing market. This is the second of two Business Nursery Papers looking at future options for producers and retailers in the nursery industry. The first Future Options paper examined the major decisions, such as relocation, product change or diversification, undertaken by those who had chosen to stay in the industry but who also needed to improve profitability.
In this Nursery Paper, Neville Sloss speaks with retailers and producers who have chosen to move on from growing or retailing and looks at what factors have been important in deciding that it's time to 'make the move'. (TNP 2007#03)