Small Business Advice Newsletter

Now is an Ideal Time to Invest...

It may not seem like it, but now is an ideal time to invest in the future. During a recession some business owners bury their heads in their hands, others shrink the business, while yet others drop their prices until their cash flow dries up and they go out of business.

Many of these businesses are your competitors and they will either fail over the next year or two, or at the very best they will emerge from the recession considerably weakened by it. However, there are some businesses out there that are viewing the current economic situation as an opportunity. These are the businesses that have realised that they now have the time to plan for the future and to put in place strategic investments to develop their companies.

So maybe now is the right time to consider upgrading your infrastructure, training & developing your staff, and improving your business practices.

At the very least it is a good time to update your business and marketing plans, but it is also a great time to install new computer systems and applications. Consider what you need to promote flexible working such as remote and mobile access to work systems, or manage your customers and clients better with a Customer Relationship Management system.

When high street trading gets tough, the importance of having a good website and eCommerce site cannot be over emphasised. Early statistics indicate that although high street sales are slowing down as the country slips into recession, web sales are holding up well. If you invest in a strong online presence, you may be better positioned to weather the recession than those companies that don't.

So while your competitors are busy holding their heads in their hands, take action now so that you emerge from the down-turn stronger and better placed to take on more business when the economy recovers.

For help with making the right strategic IT investments please contact us
 

Ideas for Surviving in the Recession...

We offer some approaches to help you through the recession:

For more information about these and other services that we can provide to small businesses, please contact us
 

Product Recommendations

We like to recommend products with which we have personal experience.

Many more products are available from our online catalogue, although for some items you may be referred to our partner sites to make an actual purchase.
 

News & Other Updates

Each month we will feature some of the recent regulatory updates or other important news affecting small businesses:

Contact us if you would like any further information about the items in this newsletter.

Please let us have any feedback you might have, and also let us know if there are any articles you would like to see covered in future issues by sending an email to sales@wise.co.uk.

Best regards,

Tim Weaver

Weaver Information Services (Europe) Limited trading as WISE.CO.UK,
Telephone +44 (0) 1438 453013. Email info@wise.co.uk
Registered office 11 Watton Road, Knebworth SG3 6AH.
Registered in England no. 2618391. VAT registration GB 573 1139 51.