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At Ardross Accountancy we can provide businesses in the Ardross area with 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 in the Ardross area and are looking for support and help from experienced accountants and business advisers, contact Ardross Accountancy.
The government should immediately support those hardest hit by the cost-of living crisis, according to the Confederation of British Industry (CBI).
20 May 2022
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