Could complacency cost you your inflatable hire business?

Many hire businesses try to go it alone, but according to Business link, failing to get advice on how to grow your business could prove fatal.

Small businesses suffer from potentially fatal complacency after their first full year of trading, according to Business Link in London.

According to the DTI’s small business survey in 2007, 91% of start-ups make it to their first birthday but only 67% are still trading by the time they are three years old.

Business Link in London believes this should serve as a wake-up call to businesses that have finished their first year’s trading to recognise and tackle the challenges that face them over the next two years… Full story >

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Article posted by the BIHA on 15th April 2008.