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Protect your business against economic downturns.
At Lovetts we can provide businesses in the Hatfield 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 Hatfield area and are looking for support and help from experienced accountants and business advisers, contact Lovetts.
The Treasury has extended the temporary scrapping of VAT on personal protective equipment (PPE) until the end of October.
The government plans to give UK businesses £111 million in order to fund new traineeships and get young people in England into work.
A survey commissioned by HMRC has found that a lack of knowledge amongst UK businesses has contributed to Making Tax Digital for VAT (MTD for VAT) non-compliance.