Member Article

Health & Safety Ranked Top concern for businesses emerging from lockdown Cash Flow comes second, Client Confidence third

Health and safety is the most pressing concern among businesses emerging from lockdown according to the latest poll undertaken by Robson Laidler Accountants and other members of the UK’s leading legal and accounting membership group, the UK200Group.

The survey of 550 SME clients shows 276 are concerned about health and safety, 249 about cash flow and 223 about getting clients to buy.

Graham Purvis, MD at Robson Laidler and member of the UK200 Group said: “The government has provided useful guidance, but the onus on businesses and employers is significantly increased. SMEs have indicated through this poll that they need more guidance about how it will impact them and how they will be measured. This ranges from using PPE to managing social distancing in environments that were not designed for pandemics.

“The survey also shows that while wrongful trading provisions have been temporarily suspended, the practical aspects of the challenge to manage cashflow remain, as does the imperative to keep customers happy, maintain furloughed and retained staff morale and being fair to suppliers, including agreeing stage payments to them if required.”

This was posted in Bdaily's Members' News section by Robson Laidler .