According to research from Novuna Business Finance, despite the pressures from the cost-of-living crisis, there is an emphasis on increasing business income and sales this year across all sectors, with 8 out of 10 small business owners planning to develop their companies in 2024.
Small businesses in the media and marketing sector were the most likely to say they are looking at new ways to improve their income and sales (52%), followed by small businesses in retail (42%) and IT and telecoms (40%).
This is a positive outlook as we start a new year and Credit Assist can help you achieve desirable business performance and growth by predicting and minimising the risk of late payments and bad debts. Our commercial credit reports and bespoke risk solutions will enable you make informed decisions so you can trade at optimum levels and monitor the financial health of your customer base across your entire ledger with utmost confidence so that resources are freed up to focus on entrepreneurial growth.
Contact us on 01604 217333 or [email protected] to find out more.