biz4Biz
LAST WORD
Reignite SME Growth and Competitiveness
B
uilding a business here in Britain is a relatively slow process for most entrepreneurs.
You hear stories of some rising quickly to fame and fortune because they were in the right place at the right time and had seen the opportunity and grabbed it with both hands, but for the vast majority, it is a very slow and arduous process to the top. You find the right sector in which you
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develop the correct level of knowledge and in which to excel. You provide the right level of service in which to be relied upon and you develop the right team to support your customers demands as and when there is sufficient margin to provide the income to support their infrastructure. You remain flexible enough to enable your newly formed and now successful organisation to deal with the ebb and flow of business opportunities and you establish where you
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sit in amongst your competitors and strive to be seen to be better than the rest. This can take a considerable amount of time to develop and dependant on your energy levels and demands from your family, you skilfully manage to keep everyone fed and clothed and develop a relationship with a financial institution to sufficiently establish enough faith with them, to lend you money, so that you can continue to build, build, build the business, taking on higher costs and greater obligations along the way! Then suddenly, having worked out the process and understood the expectations of everyone, you are confronted with the nightmare scenario. Covid 19 and Social Distancing. How do you make your
