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How firms can make the most of the recovery

Saturday, March 20, 2010
by Penny Brooks

I have just found this article on the BBC website which offers advice to small and medium sized businesses about strategies to help them to emerge from the recession into a fragile recovery in a strong and healthy state. It gives guidance about a range of government-backed schemes under these headings:

General advice
Delaying tax payments
How to handle redundancies
Securing a bank loan
Winning contracts
Securing payment from other firms

 

It also gives links to the websites which give further help to businesses from the Department for Business, Innovation and Skills and HMRC to the Federation for Small Businesses and the CBI. It should prove a rich source for students looking at these AQA unit 4 research bullet points
- the long-term strategies and short-term plans adopted by businesses in the recession
- the possible impact of the recession on stakeholders and on relationships between businesses and their stakeholders
- the case for and against different businesses and industries receiving government financial support during a recession.

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