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At LHA Accountancy we can provide businesses in the Swindon 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 Swindon area and are looking for support and help from experienced accountants and business advisers, contact LHA Accountancy.
We would love to hear from you, so why not contact us to discover how we can help to grow your business and boost your personal finances.
Covid regulations will continue to apply in our Swindon office.
Clients are able to drop off any data at the office by arrangement. Please email in order to book an appointment.
We are able to offer face-to-face meetings at the office or, if preferred, these can be held via Teams or by arrangement your chosen application. If you visit the office, we are requesting clients to please wear a mask.