What are the greatest risks SMBs face?
So, what exactly do small businesses see as their greatest risks? A recent survey has found the following:
Keeping the cash flowing
Keeping the money flowing in in is the number one risk.
Competition
The landscape is getting more competitive especially with an increase in the online presence of businesses.
Damage to reputation
Small business was not talking about their brand at all 5 years ago. Today it is identified as the third most significant risk.
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Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
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