Starting one’s own business is arguably an exciting prospect. It offers many freedoms and opportunities possibly never experienced in a previous profession. In the UK, entrepreneurship is going strong, with nearly half of working age Britons considering launching their own business this year, up from 35% a year ago.
European small and medium-sized enterprises (SMEs) are operating through turbulent times. Rising raw material costs, labour shortages, and increased competition are pushing some of them to their limits. At the same time, global instability has disrupted supply chains, jeopardising profit margins and the ability of many SMEs to meet market demands.

