It’s fair to say that the last 18 months have been challenging for everyone across the UK, small businesses and business owners included.
The severe impact of the Covid-19 pandemic sent many businesses into survival mode, where the priority was finding ways to overcome the enforced closures, the lockdowns and the financial hardship that the spread of coronavirus brought. For some businesses, this remains a priority.
While it’s true that survival is still on some businesses’ minds, others have been able to recover and can now look positively towards the future.
The British Business Bank have designed this guide to provide impartial information to help businesses through survival and onto recovery, helping them stabilise and move forward to growth and future success. The guide focusses on the following areas:
- Understanding debt finance
- Managing debt
- Improving your cash flow
- Moving from survival to recovery and growth
- Resources for businesses worried about their debt
The contents of this guide have been produced by the British Business Bank with with contributions from Be the Business, an independent, not-for-profit organisation whose goal is to help business owners and leaders improve their businesses’ performance.