Wondering what the financial landscape looks like for Q3? We’ve got the inside scoop!
As we dive headfirst into this new quarter, we have been looking into our top 3 predictions which could turbocharge your business growth journey. Despite the economic challenges, there are still a number of opportunities for forward-thinking businesses to grow and break into new markets such as the EU. We are all about turning challenges into opportunities for our clients and helping them navigate through the current landscape to achieve their desired growth goals.
- Employee Ownership Trusts (EOTs)
One promising trend we’re seeing more of, is the rise of EOTs. More and more business owners are exploring EOTs as a rewarding way to sell their business to the people who know it best - their employees. It’s a win-win, fostering a more engaged and innovative workforce while also ensuring business continuity.
- Construction Challenges as Opportunities
As we see ongoing challenges within the construction sector with interest rates and project delays, it’s easy to identify these as impossible obstacles to overcome but at Ashton McGill we see this as an opportunity for innovation and adaptation. They open doors to improving strategies, gaining deeper financial insights and preparing businesses for future economic changes.
The BDO Monthly Business Trends Indices revealed a continuous rise in the Output Index, marking four months of growth. The upward trend is a positive sign for long-term growth. Despite challenges, the upward trend in the Optimism Index indicates growing business confidence. It means businesses are starting to feel more optimistic about the future, and so should you!
At Ashton McGill, we're all about helping you understand your business better, make smarter decisions, and unlock new opportunities. We can’t wait to hear from you!
To learn more about Employee Ownership Trusts (EOTs) then click here to read our blog, https://www.ashtonmcgill.com/journal/unlocking-the-power-of-employee-ownership-trusts-for-your-business