20 Practical Actions businesses can take to manage economic uncertainty
Having just emerged from the pandemic, the UK and global economy is facing a challenging future with rising inflation and interest rates globally. Global stock markets continue to perform well, but many would argue too well.
Closer to home households are facing significant price rises in pretty much everything from fuel to tomatoes. This will inevitably start to impact businesses, many of which have little, if any reserves left to face challenging times.
Alongside this backdrop, many businesses are facing challenges with their staff, with high sickness rates and ongoing implications from Covid.
What should businesses be doing to protect themselves, their people and their customers?
From prioritising debt and cashflow, to being highly communicative with your people, your customers and your suppliers; this handy guide provides you with a helpful action plan that will enable you to focus on and act in the right areas.
Most importantly, don’t wait, at a time of economic uncertainty, it is vital that you act quickly and decisively.