Why your business needs to be proactive not reactive to succeed

<h1>A reactive business responds to events as and when they happen, whereas a proactive business pre-empts and plans for changes, challenges, and crisis.</h1>

<p>If you’re a business owner, becoming proactive rather than reactive is key to remaining prosperous.</p>

<p>Reactive businesses are always in a precarious situation. By not reacting to situations until forced to do so, you allow problems to snowball out of control.</p>

<p>Proactive businesses are usually one step ahead of reactive competitors, constantly adapting and developing in response to the changes happening around them to maximise growth and minimise financial loss.</p>

<p>The key advantages of being a proactive business include:</p>

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Minimise financial loss–</strong> Anticipating challenges and responding to them before they become a major problem helps to minimise damage to your business and its finances. It is also possible to recover from a crisis much quicker when you have already planned for it.</p>

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Growth– </strong>Proactive businesses are constantly tweaking their business model in response to the changes going on around them. This constant state of self-improvement helps them to grow by keeping them current and competitive.</p>

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Competitive advantage– </strong>Being a proactive business will always give you an advantage over your reactive competitors. In times of crisis or unexpected change, a proactive business can quickly react and adapt, leaving less prepared businesses behind.</p>

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If your business is struggling, get in touch with our team of experts here at The Insolvency Advisor Organisation to find out more about our range of company rescue services.</strong></p>