Despite all the doom and gloom in the press following the Brexit vote, businesses are in fact optimistic about their prospects. According to a Recruitment and Employment Confederation (REC) survey, UK employers are not just looking to maintain existing numbers of staff, but a quarter are looking to increase the number of permanent staff over the course of the next three months. Commenting on the findings, Kevin Green, chief executive of the REC, said: "SMEs are the lifeblood of our economy and it's encouraging to see that hiring intentions remain strong within this group, suggesting they have taken the referendum result in their stride."
Our SME business experts at Beavis Morgan are available to assist with cashflow and profit forecasting and budgeting, then helping businesses to monitor performance on an increased overhead, thereby maximising opportunities. Our Brexit Planning Team also continues to closely monitor developments and the impact thereof on UK business, providing updates on the issues and changes relevant to SMEs.