Ever-changing business landscape, if only we had a sat nav to help us with the navigation

The business landscape continually changes, keeping even the most experienced of us on our toes. With so many internal and external factors, it can be difficult to prioritise, writes Tim Watkins.

With technological advancements, tax changes, utility rate increases and even implications with recycling regulatory changes, running a business is a full time job let alone finding the time to manage change.

Throw in a wild card overseas and it becomes increasingly important to find the time to work on the business, writes Tim Watkins, managing partner of Gloucestershire-headquartered accountants Randall & Payne.

Having a robust but flexible business strategy in place is possibly the only way to navigate the influx of changes we seem to see more regularly these days.

The positive to having changes imposed upon us is the opportunity to reflect and focus on the core of our business as it is too easy to just keep on doing the doing but not checking that the strategy is still fit for purpose and being followed.

In March we invited business leaders to join us at our offices to watch the Spring Statement and partake in an immediate reflection afterwards. You will probably agree there wasn’t mu…