A survey has revealed 89 per cent of small businesses are more concerned for their future, than they were during the lockdown years.
The findings reveal that 40 per cent of small business owners experienced a decline in revenue over the last year.
Many business owners are finding that the most effective strategy is to develop multiple sources of revenue, and some are even investigating areas that previously felt intimidating, like the stock market.
Fortunately, the stock market is not the economy – so although it’s hard for businesses, it doesn’t mean it’s hard for traders.
I am definitely one of the 89% – most people and commentators expected a fast recovery to “normality” post covid , which for many businesses has simply not happened. Costs are up, turnover down = bad equation.
I think the only people who think that the world returned to normal are politicians who live in a bubble of idiocy that is isolated from the real world experiences of people.