Tag Archive: repurposing a business

Pivoting & Repurposing a Business

Posted 6th May 2020 at 5:49 pm

It is no secret that Covid-19 has had a big impact on many SMEs in the UK. A recent study by the Office for National Statistics showed that nearly 40% of businesses in the UK had a substantially lower turnover. With the current level of disruption likely to remain for some time, many businesses are adapting their practices to continue trading in some form. For businesses which have been negatively impacted by Covid-19 and are considering how to adapt, they have two main choices: Continue trading – providing the same product / service in broadly the same way to the... Read more