As we go into the new financial year, Andrea Reynolds looks at the issues affecting businesses – and how SME owners should respond

The most effective sales strategies are developed through careful evaluation and constant improvement

The UK economy is facing a tough time, with volatile month-on-month inflation and the Bank of England dismissing any prospect of cuts to interest rates

For business owners, the festive period represents more than spending well-earned time with family and friends

“More visibility comes more predictability” Businesses should take hold of their data and increase visibility to weather the economic storm

Is going international good for your business – or are you just stroking your ego?

Despite the ongoing cost of living crisis and inflation pressures, over 800,000 British startups launched in 2022.

It remains tough out there for small businesses. With inflation rates increasing again last month, and the subsidised Government support for high energy bills changing recently

Your leadership team is crucial to the success of your business. One aspect I’d point out in particular is achieving funding. 

Setting boundaries, getting comfortable with credit and leveraging your unfair advantage are all strategies to help sole traders get ahead

Every business, no matter how big or small, has stakeholders. A stakeholder is anyone who might be invested in or impacted by your business’s success.

There is no doubt that the immediate economic picture for the UK is challenging and is likely to get worse before it will get better.