R3 Business Distress Index (March 2016)
A recent survey published by the insolvency trade body, R3, found that the two joint-leading financial concerns for UK businesses are 1. The possibility of the UK leaving the EU and 2. The challenges of introducing auto-enrolment pensions.
Due to the size and nature of their businesses, SMEs have the advantage of being able to be flexible and quick to respond to changing market conditions. But it is key that you partner with the right specialist adviser who will guide you on your strategy and assist in making those all-important business decisions that will have the greatest impact on future success.
At Beavis Morgan, we know that running your own business can be very rewarding, provided the right structures are in place. We are well versed in working with SMEs and owner-managed businesses of different shapes and sizes, so you can rely on our detailed understanding of the specific kinds of issues that can arise. And, you can count on our expertise and ability to provide the right solutions.
We have also assisted a number of clients with the implementation of the necessary processes relating to auto-enrolment, and our specialist advisers are on hand to assist you. Please contact Matthew Burge or your usual Beavis Morgan Partner for further information.