• Types of Crisis to be Prepared for in Business

    Types of Crisis to be Prepared for in Business0

    You never think that it will happen to your business, but crises do happen every year and can have severe implications which is why every business owner needs to be aware of what the main types of crisis are and how they should be man-aged so that they can reduce risk and know how to react.

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  • How SMEs Can Maximise Customer Lifetime Value

    How SMEs Can Maximise Customer Lifetime Value0

    Customer lifetime value (CLV) is an important metric for businesses of all sizes and in all industries, but for SMEs it can be especially useful and help you to com-pete with the much larger brands. So, what exactly CLV? Essentially, this is the average amount of money that customers will spend on your business over the course of your relationship with them – if they were to spend £10 per year for 5 years, for example, then the CLV would be £50.

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  • Advice for Businesses Looking to Renegotiate Their Rent

    Advice for Businesses Looking to Renegotiate Their Rent0

    The Coronavirus pandemic has been a difficult time for many of us due to a large number of factors. Aside from restrictions on personal freedoms and constant updates on the spread of the virus, many have been pushed into economic turmoil as a result of job insecurity or, in the case of business owners, diminished turnover. Even those who have benefitted from the government’s furlough scheme or wage top-ups for freelancers may find themselves in financial difficulty due to the knock-on effects of the pandemic.

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