Which SMEs will survive this recession?

Posted: Tuesday, 23 June 2009 @ 13:37
Which SMEs will survive this recession?

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It's a question that seems to be concerning many business commentators and it's one we often debate with our own clients.

In the legal profession we see many small, high street legal firms struggling as parts of the business are wiped out with the collapse of the housing market and the frailties of their financial systems are exposed.

Conversely entrepreneurs and innovators seem to be welcoming the downturn as an opportunity to launch challenger brands, innovative products and solutions.

But will your business survive?

We want our blog visitors to enter the debate.

If you think you are fit to ride out this recession – why is that? Do you think you have world beating products, sound financial management or plenty of luck and a crystal ball?

What’s the one thing the Government or your bank could do to make your position stronger?

We really do want to hear from you and plan to report your thoughts, views and witticisms in our next monthly ezine.

Gary Cousins
SME Business Owner, solicitor and optimist

Blog by Gary Cousins
Gary has been providing legal advice to shareholders, directors and business owners for over 25 years. Specialising in dispute resolution Gary is based in Birmingham with clients throughout the UK and overseas. View profile
Call Gary on +44 (0)121 778 3212 or by email
This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

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