UK Small Business Owners: Turn Your 20% Survival Chance into 80% Success

SMBs can overcome some challenges that contribute to the 80% failure rate of small businesses. MTC Consultancy's initiative is designed to support business leaders throughout their vital first decade of operation.
 
CAMBRIDGE, U.K. - Jan. 27, 2025 - PRLog -- Ground-breaking Small Business Survival Program was unveiled by MTC Consultancy, a strategic business consulting and advisory firm with over 20 years of industry experience, under the direction of Cecilia Patterson. The program seeks to tackle the startling 80% failure rate among small enterprises that results from inadequate planning.

This initiative is designed to help companies break free from stagnant growth patterns and reach their full market potential. The alarming statistics illustrate that 20% of new businesses in the UK do not survive their first year, while 60% fail within the first three years. Furthermore, only 33% manage to reach their 10th year of operation.

This recent industry data reveals a stark reality for small business owners, with only one in three businesses surviving beyond their tenth year. MTC Consultancy's initiative arises as a reaction to these troubling statistics, presenting an alternative to traditional consulting methods or reliance on government programs to address the issue for SMEs. The initiative's effort seeks to offer customised, practical, and actionable solutions for business owners struggling with day-to-day operational challenges.

"These statistics are sobering, but they don't tell the whole story." Says Cecilia Patterson, who has spent some years building and growing her first UK business. What I know is that "Behind every failed business is an owner who became trapped in daily operations, leaving no time for strategic planning and growth. Keeping even the most determined among us trapped in the same cycles, year after year."

MTC Consultancy's initiative is to assist SMBs with Business Survival, focused on three critical areas: strategic planning, sustainable growth practices, and operational automation.
Unlike traditional consulting services that often emphasize complex frameworks, this program delivers straightforward, practical solutions tailored to each business's specific challenges and not one-size-fits-all solutions.

Industry analysis shows that while many small businesses struggle with similar challenges, the causes are not the same. Since the majority of consulting services are still inaccessible or impractical for smaller operations, MTC Consultancy's program fills this gap by offering customised, scalable solutions.

This program helps business leaders transition from working in their business to working on their business. The initiative targets businesses during their crucial first ten years of operation, with intentions to broaden services for established businesses encountering growth peaks.

Every thriving enterprise began as a modest venture. Business proprietors who are interested in engaging in an open dialogue regarding the potential of their company may arrange a call to obtain more information at URL: https://mtcconsultancy.com/booking

Contact
MTC Consultancy Limited - Management Consultant
Cecilia Patterson, Founder and Managing Partner
***@mtcconsultancy.com
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Industry:Services
Location:Cambridge - Cambridgeshire - England
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