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This podcast selection is taken from a series of Business Hub radio shows broadcast on Star FM between February 2011 and October 2014 with advice from basic book-keeping through to crowd funding, directors loans, cashflow and a whole lot more!

There's something for everyone so do feel free to download and share - it might just be the golden nugget of information you need for your business to succeed!Listen at Star 107.9 FM

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Business Trouble - your choices

How Might 2012 Look?

The Business Hub Show - 1 January 2012

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Perhaps most immediate though, and most worrying is the continuing recessionary climate we are living in. The forecasts for growth in the UK are now very low for the coming year – just 0.7% - and that is without taking into account any collapse in the Eurozone.  What this means is that we are going to continue to bump along the bottom for a good while yet. Whether we go back into recession officially or not is pretty irrelevant … as we are as good as there already.

For most of us there is very little that we can do to change these big factors, but we are in control of what we do. At the end of the day only we ourselves can decide how we think and how we react. So what are we going to do?  What are we going to do differently to overcome the issues we face?

99.3% of all businesses in the UK employ less than 50 people. So any change in our position will surely have to come from the small business sector. It is up to the smaller enterprises to get up and get on, and to grow.  If they don’t we will remain in the doldrums.

It is also clear that there is little that is going to come from central Government to help us on our way. With limited resources available, any initiatives are likely to be restricted, and so far the vast majority of what has been put in place has failed miserably and had no real impact. So it is up to the small business owner to get on with it.

It is I strongly feel back to mind-set. If you are content just to baton down the hatches and lie low hoping the storm will pass then accept the consequences. If you use this as an opportunity then yes there is risk, but the rewards are potentially great as well. It is all about taking a positive slant on it, thinking things through carefully and planning, and then the execution.

At Insight Associates we work very closely with a wide variety of businesses, of all shapes, sizes and sectors. It is interesting at the moment to stand back and look at how these compare and how they are dealing with the present climate. Yes, we have those that have suffered and some that continue to suffer as they see their markets change and disappear before their eyes, but we also have some which have been incredibly successful over the past year or two. When you look and analyse why the successful ones are doing so well it invariably comes down the mind-set of those people running them. They are entrepreneurial, opportunistic and hungry to get on and succeed. And they are.

Many of the successful ones are exploiting a very finely defined niche. Carving out opportunity, doing something innovative, new or original that perhaps no-one else is doing. Or working in an already busy sector but just making a much better job of it. This seems to be the secret now, really finely defining what you are and what you do and making an absolutely brilliant job of doing it.

The next few months are going to be very interesting as many issues facing us all wash out, particularly the issues in the Eurozone. Whatever happens it will impact us, maybe good or bad, but we will feel the effects.  However, if you are going to have a good 2012 I would strongly suggest that you should stop getting depressed by the constant media reports and take a good long hard look at your business and find the opportunities to make 2012 an exceptional year.

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