
3 Major Challenges Faced by Small Business Owners
SMEs face a lot of challenges in the current market and it takes much determination and patience to ensure that they succeed. Below we address three of the biggest challenges you might come across.
Home » Business Insights
Empowering Financial Decision-making for Growth and Profitability

SMEs face a lot of challenges in the current market and it takes much determination and patience to ensure that they succeed. Below we address three of the biggest challenges you might come across.

Capify’s latest quarterly survey SME business confidence fell further in Q3 2023, with two thirds of owner now worried about cash in bank as inflationary impact bites

SME business confidence in the UK fell slightly in Q2 2023, while concerns over cash reserves and rising costs persist, according to our Business Confidence Survey. The survey revealed that although turnover and profits improved for some SMEs, many were behind their annual targets. Click here to learn more.

The latest quarterly survey has painted a worrying picture for small businesses with cash balances dropping and cash flow presenting major problems. These difficult circumstances have led to a decrease in SME confidence and have left many businesses struggling. In this article we look at the cause for SME concerns.

Our latest quarterly survey finds a small improvement in SME business confidence despite gathering economic headwinds. But the survey also points to operating challenges amidst falling profitability and concerns over rising costs

The collapse of Silicon Valley Bank has raised concerns over contagion in the banking system and fears of another banking crisis. Thankfully, a lot has changed since the great banking collapse of 2008, including innovations in lending that SMEs rely on to support their operations

SMEs face a lot of challenges in the current market and it takes much determination and patience to ensure that they succeed. Below we address three of the biggest challenges you might come across.