SMEs have, up till now, competed based on personal relationships and services, and their innate agility and competitiveness. However, with recent national data showing the highest number of firms going bust since the 2009 financial crisis, there are some major headwinds facing small businesses that confidence and self-belief alone can’t solve.
Driven by the goods and services that address an increasing expectation, the anywhere economy is built upon solid foundations: anything, anytime, anywhere, all enabled by the Internet. After the traditional economy faltered during the pandemic, the anywhere economy surged. Companies like Zoom, Netflix and Amazon became providers of essential services for work, life and sanity.