Business builder

Cost of trading - what you can do

While the cost of living crisis affects households across the country, the same factors have created a cost of trading crisis for many businesses.

What can you do to help your business weather this storm?

25 Jul 2024 . 3 min read

The cost of trading and inflation: how did we get here?

How have we ended up here? What does the cost of trading crisis mean for your business? And what are the government and other agencies doing to help?

Watch this video for the answers to these pressing questions.

What can you do to adapt?

Emily Coltman is the Chief Accountant for FreeAgent, a company specialising in accounting software for small businesses. Watch this video to hear her practical advice on ways to adapt and see your business through this crisis.

How to cut costs and be more sustainable

Finally, let’s look at some changes that could make your business more energy efficient.

Help to save

Support for your business as costs rise

If you feel under pressure with rising costs, you’re not alone. Find services, resources and guidance, which could help you adapt, cut costs and plan ahead.

Manage the impact of rising costs

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

All Business Builder articles

Choose the content you want

Get business inspiration and practical tips straight to your inbox

Update your preferences