The problems facing independent businesses |
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The economic climate makes massive demands on
the skills & ingenuity of those managing independent businesses.
Like being in the trenches, as soon as you shoot down one problem,
another 10 crawl over. Sometimes you wonder where all your cash has gone, when you seem to be working so hard and have so many orders that should be profitable? And why the challenge of trying to be the expert on all things can get so frustrating. |
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With 99.5% of all UK firms having less than 200 employees, most less than 50, you know that the issues you face are not unique! The MD of a large company has a specialised Board of Director available whenever needed. The MD of a small/medium company has no such luxury. Nor is it a financially realistic option. So what is the option?
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IIB research amongst thousands of businesses shows that the greatest perceived issues of the owners /MDs are:
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