Our conclusion now is to wonder if 'Rachel from Accounts' and the rest of the cabinet really have any idea whatsoever about business? We are not alone in fearing that is the case.
We know there will be businessmen across the country still poring over the fine detail of the statement and frantically working with the financial advisors/accountants on how to mitigate the inevitable impact on the profitability.
Might we offer a word of caution? Too often we have worked with business owners that have focussed on the day to day and ignored the tough bigger issues. Whilst we earn advisory fees for assisting with such problems we would rather entrepreneurs did not get into difficulties through neglecting the macro issues whilst focussed on the immediate problems. This is not a criticism as we know that more often than not the bigger issues are neglected simply because too much time is spent on chasing cash and fighting smaller fires in the business.
If this is ringing bells please get in touch to see how we might assist.
For further information on how we can help, email