Business Planning Articles

Business Planning Articles-74
On 2 February 2017, the Bank of England finally admitted what most of the electorate already knew, which was that the UK would not be faced with an immediate financial shock as a result of Brexit and having drawn this conclusion, they upgraded their growth forecasts significantly. This has kept unemployment figures low and the 5 million small businesses contribute 47% of the UK private sector turnover and 60% of private sector employment. They have to deal with a very wide range of things on their “to-do” list, with very long hours and often without the financial reserves that they deserve.The majority of politicians say “businesses hate uncertainty” as though this were some profound wisdom, but they fail to add that life in business is one never-ending uncertainty. Most business owners and managers know instinctively that they can always get more out of their business, no matter how well they might be doing.(Remember, “push” email was an expression that people once used in the early days. The undoubted kings of business email on the move were Blackberry.

On 2 February 2017, the Bank of England finally admitted what most of the electorate already knew, which was that the UK would not be faced with an immediate financial shock as a result of Brexit and having drawn this conclusion, they upgraded their growth forecasts significantly. This has kept unemployment figures low and the 5 million small businesses contribute 47% of the UK private sector turnover and 60% of private sector employment. They have to deal with a very wide range of things on their “to-do” list, with very long hours and often without the financial reserves that they deserve.The majority of politicians say “businesses hate uncertainty” as though this were some profound wisdom, but they fail to add that life in business is one never-ending uncertainty. Most business owners and managers know instinctively that they can always get more out of their business, no matter how well they might be doing.(Remember, “push” email was an expression that people once used in the early days. The undoubted kings of business email on the move were Blackberry.

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Business Planning Articles

Successful businesses invariably have a good business strategy.

Ironically, many organisations use a tough economic environment to drive out changes that are often difficult to achieve when things are buoyant.

This means that a recession can be one of the best times to embark upon a continuous improvement programme.

Every business should go through the process of change management.

It is inconceivable for any business to go too long without changing some aspects of the way that it works, simply because things change all around them.

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