The impact of COVID19 continues to be widely felt across the economy with SMEs facing many and varied unique challenges. The FSB Small Business Index reports that in the last quarter the fall in confidence levels was the largest they have ever reported.
RELATED POST : The tendering process
Financial concerns arising from a downturn in trading are clearly at the heart of the slump in confidence for many businesses. So as an SME what can be done to ensure that your businesses finances are as healthy as possible and that you not only survive these uncertain times but emerge with more robust financial processes and practices in place?
Adam Parry has over a decade of experience supporting SMEs to get their finances in check. In this white paper he shares his thoughts on the actions you can take and where your focus should lie for maximum gain. From accessing the government support available to a review of outgoing spend and a forecast ahead to future working practices, Adam’s advice has the potential to save SMEs thousands of pounds and enable businesses to emerge from lockdown stronger than ever.
The aim of our white papers is not only to provide useful insight, but also to provoke thought and discussion around key procurement topics. Please leave a comment in the box below to share your thoughts. Or share your SME finance saving tips by creating a new topic on our Community forum
Adam has over 11 years’ experience working with small and medium sized enterprises, reducing their overheads and everyday costs. Adam supports businesses to make average savings of around 28% across key expenses across their business. During his career Adam has helped hundreds of small to medium sized enterprises to save considerably on their key costs.