By Justin Fitzpatrick, CEO of DueDil
The UK government has pledged up to £330 billion of loan guarantees and grants for small businesses under the Coronavirus Business Interruption Loan Scheme (CBILS). This scheme aims to get finance to small businesses for working capital so they can continue their operations, retain staff and pay their suppliers.
The amount of money pledged dwarfs the response even during the height of the 2008/2009 financial crisis. Getting this money to businesses is time critical as they try to stem the bleeding while demand is collapsing. Many are already having to take incredibly tough decisions…
Lots of companies think they make decisions based on data, but few actually do. Here are some of the reasons data isn’t as central to your decision-making as you think, and what you can do about it.
Most business leaders agree that data should inform decisions on developing strategy and tracking execution. Even relatively small companies invest hundreds of thousands or millions in software, systems and people to collect, extract and interpret data to help run the business.
Yet these investments very rarely transform the way the business operates. A recent survey of C-level executives found that 69% felt they…
Justin Fitzpatrick is the CEO and Co-founder of DueDil, a company intelligence platform that provides real-time insights on millions of SMEs.