What’s Next?

We are facing the end of lockdown, I hope, so what issues should we be looking at over the next year?

What’s Next?

We are facing the end of lockdown, I hope, so what issues should we be looking at over the next year?
1. Inflation
This is sure to impact every person and business around the world with the US alone printing $4 trillion and looking to print even more.

2. Business failures
We’ve seen several large household names close their doors over the last year. The closures are likely to be the forerunner of even more failures in the SME sector.

3. Tax rises and regulation.
The recent budget has provided both support for the economy as well as future tax rises. Tax rises often have unexpected and sometimes adverse consequences that will play out in the next months and years. The UK’s new relationship with the EU and its regulations are sure to put a strain on trade as well.

4. Business decision making
As lockdown eases for many, business will need to make decisions on the next phases of post Covid life. Some companies may look to shed staff, while others evaluate the cost of having a high street presence.

All these considerations need to be watched carefully so that we can best position our businesses to optimally make the best from the ‘new normal’ whatever that turns out to be.
#finance #cashflow #startup #businessowners
 

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1. Inflation

This is sure to impact every person and business around the world with the US alone printing $4 trillion and looking to print even more.

2. Business failures
We’ve seen several large household names close their doors over the last year. The closures are likely to be the forerunner of even more failures in the SME sector.

3. Tax rises and regulation.
The recent budget has provided both support for the economy as well as future tax rises. Tax rises often have unexpected and sometimes adverse consequences that will play out in the next months and years. The UK’s new relationship with the EU and its regulations are sure to put a strain on trade as well.

4. Business decision making
As lockdown eases for many, business will need to make decisions on the next phases of post Covid life. Some companies may look to shed staff, while others evaluate the cost of having a high street presence.

All these considerations need to be watched carefully so that we can best position our businesses to optimally make the best from the ‘new normal’ whatever that turns out to be.


#finance #cashflow #startup #businessowners

We are facing the end of lockdown, I hope, so what issues should we be looking at over the next year?

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