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At Connected Accounting we can provide advice and support on a wide range of business issues. This article suggests 7 ways to protect your business against a downturn.
Small and medium-sized businesses are particularly vulnerable to economic downturns. But all too often we see companies going under that could have stayed afloat if they had taken a few elementary precautions at the right time.
The right time to protect your business against a downturn is when it is relatively strong and you still have room to manoeuvre.
Here are seven steps you should consider taking:
If you are looking for support and help from experienced accountants and business advisers, contact Connected Accounting.
18 Sep 2020
MPs have urged Chancellor Rishi Sunak to extend the Coronavirus Job Retention Scheme (CJRS) to help avoid mass redundancies.
25 Aug 2020
Outlining ways in which the UK can boost employment.