Navigating Economic uncertainty: Strategies for small businesses in London - London Business News | Londonlovesbusiness.com
Briefly

Local café owner Sophie Thomas, for instance, experienced challenges during the COVID-19 pandemic due to supply chain issues. By diversifying her suppliers and building stronger relationships with local producers, she minimized future risks and ensured business continuity. This proactive approach highlights the importance of adaptability in managing unforeseen circumstances that may threaten a small business's operations.
A well-managed supply chain is critical to resilience in uncertain times. For many London-based small businesses, supply chain disruptions can be devastating. Companies should evaluate their supply chains to identify vulnerabilities and seek alternatives. By sourcing materials from a variety of suppliers and regions, businesses can avoid over-reliance on a single source and ensure the flow of goods, which is essential for maintaining operations.
Read at London Business News | Londonlovesbusiness.com
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