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30.08.2021, 20:58

Protect Your Business By Investing In The Future

United Kingdom, Coronavirus (COVID-19), Business Process Management

As businesses in the United Kingdom reinvent and reposition themselves for the Next Normal, many once-accepted commercial certainties are giving way to a new reality.

 

There are a few different mantras that business owners like to throw around when they are about to open their wallets, such as, "you have to spend money to make money," or, "nothing good ever came cheap." The pandemic forced us all to think a lot more carefully about how we were spending our money, as businesses were forced to close their doors and weather out a storm that felt like it would go on forever.

 

Now that things are opening up again, there are still warning signs on the horizon, but this is the time when you need to be thinking about where you want your business to be this time next year. It is so hard to predict what the business landscape of 2022 will look like. Brexit disruptions are hitting us on a regular basis. The pandemic will have more surprises for us in the months ahead. But it is important that you give your business the backbone it needs to keep holding steady, and the flexibility to allow you to continue to grow. Here are a few things that are worth paying for.

 

Cybersecurity And IT Support

One of the many unwelcome side effects of the global pandemic was the shocking number of cyberattacks. Of course, cybercrime has always been around but as the world took its business online, a lot of bad guys out there saw an opportunity. Ransomware attacks have been hitting businesses and institutions of all shapes and sizes, so make sure that you are covered. Talk to an expert about giving your business the security it needs and think about bringing a dedicated IT manager on board to keep your software up to date.

 

Digital Marketing

Digital marketing is one of those areas that can be a real sinkhole in terms of time and resources if you don’t approach it the right way. There are a lot of people out there who are still advocates of the old way of doing things. They would rather throw everything into getting as many different eyes on a campaign as possible, regardless of whether those viewers are interested.

 

However, it is far more efficient and effective to create a targeted digital marketing strategy that considers what your competition is doing, where your target audience is, and how best to communicate what sets you apart.

 

A good digital marketing agency will sit down with you to learn more about your business and collaborate on the best possible strategy. Indeed, at MO Agency we practice this by only charging for deliverables that will help you to retain your existing customers while bringing in new ones.

 

A Great Accountant

Finally, it is so important to make sure that someone qualified is keeping a careful eye on your finances in the months ahead. There are so many different challenges on the horizon, such as areas of England losing up to £1 billion of development money due to Brexit, and you cannot afford to let important costs slip or to miss an opportunity for extra funding or investment. A great accountant is not just there to tell you when you are getting dangerously close to the red. They are there to help you identify avenues for growth and to help you create a better financial framework going forward. 

 

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