It’s no secret that we’re going through a volatile time and small businesses are feeling the sharp end of it. The key to surviving and – dare I say it – even thriving in the coming months is to make the most of your resources.
Given that the pandemic has cost the average small business over £11,000 in lost takings and extra expenses, having a budget and optimizing it is essential. Especially when, as the pandemic hit, most businesses only had enough spare cash on hand to last two to eight weeks.
So, moving forward, how can business leaders ensure that every pound of their budget is well spent?…Continue reading