Not everything is gloom and doom in the world of Small & Medium Business, no. There are plenty of doom-mongers out there claiming that it is a time for unprecedented belt-tightening and that this is the worst time for starting or expanding your business, but this clearly flies in the face of all the evidence.
The simple fact is that business failures in the smaller end of the industries has been in decline for more than a year, and during the year up to last month, it the number fell by 13.2% this is hardly what you would expect if you were undergoing the most turbulent and trying economic times since the great depression, allegedly. No, the simple truth is that while it may not be the greatest economic climate, we can all see that, this doesn't mean the harbingers of doom are right. The fact is that it wouldn't be a great story to say everything is ticking along fine despite everything else.
So while we all have to be carefull, as long as nobody panics everything should be fine and we should mostly emerge from the other side unscathed.
