23 Dec The Business Owner’s Guide to Surviving Uncertain Times (PDF)
We live in an age of uncertainty. According to The Federation of Small Businesses, business confidence has fallen into negative territory for the first time since 2012, with pessimistic business owners outnumbering confident ones. The need for a robust and flexible survival strategy is now greater than ever.
In our Business Owner’s Guide to Surviving Uncertain Times we provide a 16-point plan for not only surviving uncertain times, but also configuring your business beyond survival to maximum long-term success.
Thanks to recent economic and political developments, there is now greater uncertainty and instability in the market. This affects businesses in many ways.
Prices fluctuate. Demand falls. Competition increases. Long term strategies are put aside in the name of short term, tactical firefighting. Business owners become less confident when predicting both the fortunes of the wider economy and its influence on market demand.
In the guide, we explain how a balanced approach is required. One that takes into consideration the necessity for cost reduction and structural reassessment, yet also recognises the opportunity for sharpening operations, increasing market share, developing new avenues of revenue, and refocusing the goals of the business.
We provide practical solutions and suggestions for developing a balanced strategy for your business, your customers, your supply chain, and your people.
Make sure your business is fully optimised for short term survival and long term success with our handy PDF guide. Download the guide here.