Worried about the credit crunch?

Credit conditions have tightened for Small and Medium Enterprises (SMEs) – loans and finance deals are becoming harder to find, and the price of utility services has also increased. This could potentially have adverse effects on SME operational and business objectives.

But the credit crunch does not have to be a dark cloud of doom - there are several cost-cutting exercises you can carry out that will help you save money that can be injected back into your business. You could do anything from making your own lunch to moving your offices to more affordable premises.

The East London Small Business Centre (ELSBC) runs a business counselling service and can help small businesses to re-align their priorities. Contact them on 020 7377 8821.

For more information see www.goeast.org