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The pandemic is now on the decline with confidence gaining ground throughout each and every workforce in the UK, however this is still proving insufficient for a lot of people who fear losing their jobs. One figure that the Matt Cullum blog mentions is that even though the current climate isn’t lending itself for a safe and stable working environment, we are seeing record numbers of independent businesses being launched. This could be a result of many people not having the confidence in working for somebody else, with what the future may bring and want to work on their own terms and be in total control of the business.
Property developers and investors alike have been launching new developments and projects in record numbers from the latest figures which have been released. Matt Cullum mentions that since the lockdown restrictions have been eased, many developers have been desperately trying to recoup their loss of earnings from months of inactivity, which has resulted in overseas investors and UK investors injecting capital into these projects. These are all very good signs for what may lay ahead for the UK property industry, and may well be the catalyst needed to kick start the economy and boost further jobs.
In business, nothing is certain, which is why before ever starting a new venture it is always crucial that each and every possible outcome and obstacle is addressed before jumping into something new. Matt Cullum stresses that many newly formed business ventures fail within the first 3 years of beginning, this isn’t always due to there not being a demand for the service or product, but often down to bad management and wrong use of liquid funds as and when they are available.