Critically so much business focus is drifting to a nonsense that affects very few UK companies.
Whatever Happens – Politically, Economically or Socially there is a decision we must make.
Passengers, Spectators or Entreprenuers?
Napolean describe Britain as a nation of shop-keepers. Today he would describe the residents as nervous shoppers.
Britain imports more than it exports to Europe. That allows for greater local growth in business.
The last 40 years has seen the redundancy of heavy manufacturing, the development of a service economy and a pool of talent in new sectors.
Therefore, the decision has to be do the businesses of Britain exploit the opportunity or become a victim of change.
Focus and Guts
A fool and his money are easily parted. Billions is paid out every year to develop competitive companies in other EU Member States. As a Business Consultant the first thing I would advise a company is stop subsidising your competitors.
Understand the marketplace. Learn to create locally and generate opportunities. An economy that relies on external stimulation is an economy that can collapse overnight.
The economic principle of a debt fueled economy is dangerous because everyone owes everyone else and eventually someone has to be paid. Then the dominos begin to fall.
Debt inflates the economy. If individuals are prepared to borrow more to buy what they want the price can contiue to rise. When more save and fewer people buy immediately prices fall. Hence all the high street sales.
A simple principle. If all your personal debts were called in tomorrow apart from a mortgage on a property would you be solvent? How long would it take to pay off the debt at your current income?
Debt fuels pay rises, the media and advertisers say people deserve better but the reality is it can’t be afforded.
Policy Failure is no excuse
All government policy – economic and social is bound to fail someone. There are so many reasons for reaching that conclusion, however, the issue for individuals remains who do I want to be able to blame?
Governments are there to carry the blame for things that fail.
Health and Social Care is failing because UK residents don’t want to pay for it. Countries that don’t have the NHS don’t pay as much in tax but that is because they don’t have the welfare state.
People need to realise that the choices made on tax affect the collective welfare, but the priority today is self interest.
Watch the government, wait for an outcome you can’t control and play on as the ship sicks without trace.
Or do something, anything to bring energy into the business, focus on quality, design, innovation and creativity. Win business because it isn’t looking for you, therefore sell, trade, grow and develop.
Looking for innovative solutions – pick up the phone and call us or contact us. The longer businesses wait the more difficult the pathway.
For example have you decided where you can import alternative product from? or Better where can you export your products and services to?
Don’t be niave the marketplace isn’t waiting for you if you are doing nothing now. Let the CBI, FSB, IoDs and other bodies argue the politics its about time to get up and do something positive.