Expert opinion
How SMEs Can Fight Back Against the Downturn
Alexei Garan looks at how SMEs in the construction sector can fight back against difficult economic conditions.
Brexit, high energy prices, the cost-of-living crisis, the pandemic hangover, supply chain issues, war in the East and a possible recession are among a multitude of factors having a hugely detrimental impact on companies’ revenues. With profit margins being squeezed, businesses must now think strategically for the future and the challenges ahead.
Nevertheless, SMEs in the construction sector must remain optimistic despite the unprecedented headwinds they are facing. My colleague looks at five ways small firms can beat the downturn in Construction News magazine…
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