SME NewsNFEA highlights Credit Crunch Week
NFEA credit crunch week aims to support small businesses in face of economic downturn.
Whether you think a focus on the credit crunch is a self-fulfilling prophecy, necessary pragmatism or the chance for some opportunism, businesses always need advice in the face of financial adversity. The National Federation of Enterprise Agencies (NFEA) is therefore putting on a range of events this week designed to help SMEs deal with a more hostile economic environment.
Events are being put on throughout the week by enterprise agencies around the country. Keep an eye out in your local area for more information.
The NFEA points out that now is the time to focus on key business disciplines such as realistic forecasting, contingency planning and financial control as well as concentrating on relationships with customers and suppliers.
Arguably these are all things we should be doing all the time, but if the credit crunch is an excuse to refresh best practice, then whatever the economic reality, so be it.
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