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Tuesday 30 September 2014

'Things seem to be a bit more positive'

Emma Jane Hade

Published 12/04/2014 | 02:30

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BUSINESS owner Niall McClean is feeling positive that the economy is on the up.

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The father-of-three said he had faith in the ESRI's latest prediction that austerity may be over, and that the future is bright for his young family.

"It seems to be a bit more positive, and I think things are on the up. It all seems to be moving in the right direction," he said last night.

Mr McClean is the brains behind the Monaghan Piano and Music Centre in Ballinode, Co Monaghan. The married man, who has three children Lauren (16), Nicole (14) and 10-year-old Emma, has been in the music business for over 15 years, and has won awards for his modest store.

Niall's wife Catriona has also joined him in the family business, and he has followed in his father's footsteps who was in the piano business for 30 years before him.

He said that although the recession had been tough for him in recent years, he was confident that things would only improve.

He welcomed this week's news that there may be no need for a final austerity budget later this year.

"When the recession hit in 2007, we could see a small downturn in our sales. But, I think around 2009 or 2010, we saw a bit of a pick up.

"And, we have been increasing ever since," he explained. "We have five people working for us, and we didn't have to let anyone go – we were lucky enough."

Like everyone else, he made some sacrifices and "took certain measures with our cash flow and so on".

"But, luckily enough, we grew and we are in a good position at the moment," he added.

Irish Independent

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