Riding Out The Downturn
Practical Guidance for Businesses
Business owners face difficult challenges in the current economic climate.
With this in mind, our series of guidance sheets share ideas and information that help to protect against threats and make the best of available opportunities.
This information may, or may not, be relevant to your own commercial situation. However, this may be of topical interest, or relevant to your clients, suppliers or business contacts.
Preparing your business for better times
- Most owner-managers are working hard to equip their businesses with the survival tools to ride out the current recession. Cash management, overhead trimming and other healthy disciplines have made a welcome return to the top of the director’s agenda. These disciplines will ensure that the survivors of this recessionary race (always likely to be a marathon, not a sprint) will be leaner and better positioned to prosper as and when the recession ends. Read more at this link (pdf)
Redundancy – look before you leap
- Most employers view recession as a threat to their business that will inevitably require them to make redundancies. But for the smart employer it can offer an opportunity for putting in place an alternative workforce strategy to maximise productivity and reduce staff costs. Read more at this link (pdf)
Should you have any questions relating to these or other issues, then please do get in touch with one of our experts on 01273 480616. We will be pleased to hear from you, or other businesses that you recommend to us.