Exploring the threats to small and medium sized businesses in the UK. What are the biggest threats to SMEs? How do you manage business risks better?
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Main Threats To Growth In UK
A Lloyds Bank report says that business leaders think the main threat to their business growth is economic uncertainty followed by a drop in demand for their products or services.
The UK economy has not fallen off a cliff like the doom mongers threatened prior to the Brexit vote. In fact the low value of the pound has boosted exports, property prices excluding London and a couple of other areas have bounced higher unemployment is at record lows and the hard statistics for generally good for the economy in the UK. The main threat is fear of economic downturn.
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Cheeringupinfo Threats To SMEs