Small and medium-sized businesses (SMEs) are uniquely well placed to react to the challenges presented by COVID-19.
Based on independent research, we have developed six actionable rules for success that will empower all aspects of your business to adapt to the new reality.
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Small businesses will be the driving force behind the UK’s recovery from the COVID-19 crisis.
To support businesses through this period, Allica Bank has produced an independent report in partnership with the Centre for Economics & Business Research (CEBR). We have identified six key business drivers that will empower SMEs to succeed in a post-COVID world, backed up with expert analysis and actionable solutions.
Our six rules for success will help prepare your business for what lies ahead.
Get exclusive analysis and advice from Allica Bank experts, and free downloadable assets to help.
We surveyed over 1,000 leading UK businesses to gauge their drivers of success.
No two businesses are the same. But there are many things that successful businesses have in common. Here are our six rules for success, based on research into 1,000 leading small and medium-sized businesses, along with actionable insight and downloadable assets to help.
Your employees are one of your most valuable assets. Regular training can enhance their skills, improve morale and boost retention.
Innovation can spur growth and reduce risk. That’s probably why our research revealed it as the strongest driver of a business’s success.
Companies need a vision to define where they want to be. But for it to really mean anything, you need to be accountable to it.
There are plenty of ways to expand into new markets. Doing so can boost revenue and diversify your customer base.
Deciding how much to invest back into your business is tough. But doing so effectively can offer a real chance for success.
Leading a business can be a lonely experience. And you can’t be expected to know everything. Reach out to resources around you for support.
Expert Banking for Business Britain.
At Allica Bank, we do business banking a little differently. We’re a bank designed specifically to serve the needs of small and medium-sized businesses.
By combining modern technology and human relationships, we’ve built a bank that is truly dedicated to empowering small and medium-sized businesses to succeed.
Toby Mason
Chief Operating Officer at Allica Bank
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Allica Bank savings accounts and business current account products are regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Allica Bank lending products are not regulated products.
Asset finance and growth finance services are provided by Allica Financial Services Limited trading as Allica Bank Asset Finance. Registered office: 4th Floor, 164 Bishopsgate, London EC2M 4LX. Incorporated under the laws of England and Wales with company number 12784979. Allica Financial Services Limited is not authorised or regulated by the Prudential Regulation Authority or the Financial Conduct Authority. The asset finance and growth finance products offered by Allica Bank Asset Finance are not regulated products.