Businesses need to boost bottom line with price increases or slide into the red
Summary by wales247.co.uk
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Businesses need to boost bottom line with price increases or slide into the red
Too many businesses in Wales run the risk of financial ruin because they are not improving efficiency and removing process waste from their business to counteract increasing input and wage costs. Profit erosion caused by inflation – branded the invisible tax – has repeatedly been identified by the UK top 10 accountancy and advisory firm Azets as a red-flag issue. There is also concern that the budget increase in employer national insurance contr…
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