It’s Not Only PR Agencies That Are In Trouble

In last week's blog, I headlined a gloom and doom report from Plimsoll Analysis that claimed a third of UK PR agencies are running at a loss.

According to Plimsoll, 244 PR agencies are in financial danger.

Our own research has shown that it's not just PR agencies that have been badly hit by the recession but marketing businesses in general.

From what I can see there are hundreds of marketing agencies in the UK, Ireland and US struggling to pay their bills.

Social media agencies and market research businesses appear to have been particularly badly hit as clients draw in the financial purse strings. Surprisingly, some internet marketing businesses also appear to be suffering.

As I said last week, it's in sharp contrast to what we are experiencing at Beattie Communications and Only Marketing. Only Beattie is continuing to expand internationally, win exciting new clients and create significant numbers of new jobs.

That's why we are now offering to throw a financial lifeline not just to PR agencies but to good marketing and media businesses which are struggling to swim against the current economic tide.

We don't want to see vibrant PR agencies, robust advertising businesses or long-established direct marketing consultancies going under or throwing talented people out of a job.

I would, therefore, urge the owners of good marketing agencies to talk to me about a rescue - if the business is struggling in the current financial climate.

With eight offices in the UK and an international network spanning 40 countries, we can offer you a good home and a secure financial future.

Your approach will be treated in the strictest confidence. Get in touch with me at gordon.beattie@onlybeattie.com or ring me on 0800 612 9890 in the UK, 1-800 937 374 in Ireland and 1-800 400 3831 in the US or Canada.

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