Much has already happened in 2021. Some of the rules on what you can and cannot do changed on 17 May. However, many restrictions remain in place which will have an impact on the GM and national economy. We felt it was important to look back and share our survey findings for 2020/2021 with you. Go to our website to read more in a blog from GC Business Growth Hub’s Head of Business Intelligence Rupert Greenhalgh.
Latest report: 24th May
The findings in this report are based on 262 firms responding to the GC Business Survey from 26th April to 21st May.
Summary of key findings
• The four main impacts facing businesses are decreased sales, business travel to visit clients, cashflow problems and minor supply chain issues.
• The main challenges are currently seen as: getting access to new domestic sales opportunities, managing the overall finances, workforce and skills and developing new products or services.
•The main “other” future challenges highlighted by firms include, complexities related to EU trading for small businesses and general concerns related to loss of income.
• The main areas of further support identified by businesses include workforce development, financial advice and business planning.
For more information on this survey please contact
Concerned about the impact of Coronavirus?
The information provided is meant as a general guide only rather than advice or assurance. GC Business Growth Hub does not guarantee the accuracy or completeness of this information and professional guidance should be sought on all aspects of business planning and responses to the coronavirus. Use of this guide and toolkit are entirely at the risk of the user. Any hyperlinks from this document are to external resources not connected to the GC Business Growth Hub and The Growth Company is not responsible for the content within any hyperlinked site.