How to ensure longevity as a new business

The statistics are scary. In 2019, a study found that half of SMEs close within three years, with a predication that 75% of businesses wouldn’t last until 2024.

Now, following the coronavirus pandemic, these statistics are even worse. In the current environment, we ask the question: What is it that makes a business successful?

To guarantee business success, preparation and protection remain essential. You wouldn’t run a marathon without training, so preparing to run your business shouldn’t be any different.

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How can you ensure business longevity?

• Key person insurance
• Share and partnership protection
• Business loan cover

Find out more about ensuring longevity as a new business.