Before COVID-19, the statistics found that more than half of the year’s new SMEs would close within three years. Following the coronavirus pandemic, these statistics are likely to be even higher.
So what is it that makes a business successful? It takes more than hard work and a little luck – preparation and protection remains imperative. Having adequate business protection insurance ensures you are prepared for any problems should they occur.
You may also want to consider:
- Key Person Insurance
- Share and Partnership Protection
- Business Loan Cover
Find out more on ensuring success as an SME.