Small business lessons of 2014

IN: Business news

What has 2014 taught SMEs? Aldermore asks the Twitter community for some key lessons from this year.

After years of failing to shake off the after-effects of the recession, sustained growth finally returned to Britain in 2014, with SME confidence reaching record breaking levels in Q3, according to the Federation of Small Businesses.

Moving forward, 62 per cent of small firms surveyed also foresee growth for their business in 2015, though there are countless challenges to overcome in order to achieve this goal, including skills shortages and funding gaps.

In order to help these determined small businesses on their way in 2015, Aldermore has invited the Bank’s SME followers on Twitter to share the most important business lessons they’ve learnt this year. From choosing the right suppliers to seeking support from mentors, here’s what 2014 has taught Aldermore’s small business community:

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