How smaller retailers can respond to challenging trading conditions

28th July 2021

It’s frequently reported how the high street is under immense pressure, with smaller retailers taking the brunt of the impact.

The shift to online shopping, rising costs and the reduction of footfall in town and city centres have already heavily impacted the retail sector, and that was before the monumental impact of the pandemic which accelerated these challenges.

Small and medium sized shops and independent retailers are particularly feeling the brunt of these pressures, as they tend to have fewer resources and rely more heavily on regular cash flow.  And the light at the end of the tunnel may be some way off for a lot of retailers, as they struggle to reopen amidst complex restrictions.

However there are ways in which all business can start to take control of their finances.  Smart meters enable accurate billing, helping to take the stress out of budgeting and putting you back in control. Plus, smart meters send your gas and electricity readings directly to your energy supplier so you don’t have to.

Firms with 10 employees or less could be eligible and as a first step businesses should contact their energy supplier. To find out more please click here.

You might also be interested in

Forum re-launch with a new look and feel

Tue 23rd April 2024

Forum has been one of Sheffield’s most iconic venues since 1992!? 

The University of Sheffield is considering launching an SME Graduate Development Programme!

Mon 22nd April 2024

The University of Sheffield is considering launching a Graduate Development Programme to help SMEs develop and retain talent in the region. We would be very interested in your views on this.

Pride of Place comes to Sheffield!

Thu 18th April 2024

Today’s young people are tomorrow’s leaders, entrepreneurs, and innovators.

TWO NEW APPOINTMENTS FOR SHEFFIELD-BASED ALTITUDE

Wed 17th April 2024

High flying Yorkshire PR agency Altitude PR has added two more professionals to its growing team as it strengthens its service offering and expands across the UK.