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Assurance Office, Swan House, 146 - 147 St Helens Road, Swansea SA1 4DE
Call us on: 01792 720170
At Assurance Accountancy we can provide businesses in the Swansea 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 Swansea area and are looking for support and help from experienced accountants and business advisers, contact Assurance Accountancy.
21 Jan 2022
A study carried out by insurer Simply Business has found that 82% of business owners suffered from poor mental health during the coronavirus (COVID-19) pandemic.