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Harder to predict is not the same as getting worse

  • Writer: Nikki Jeffery
    Nikki Jeffery
  • 19 hours ago
  • 3 min read

Two numbers from the same survey, pulling in opposite directions.

Simply Business asked 1,842 UK small business owners to name their three biggest barriers. Almost half, 48%, put an unpredictable economy on the list. A year ago that figure was 16%. Uncertain consumer demand came next on 41%, and high running costs after that on 35%.


But the share expecting the economy to actually get worse over the next twelve months went down, from 50% to 43%.

So owners are not more pessimistic than they were last year. They are less able to forecast.


One note if you go to the report yourself. It draws on three separate surveys, so check which one a figure comes from before you quote it. The widely repeated 82% cost-rise number is from an earlier study, not this fieldwork. Everything above is from the main survey.


Two feelings that call for opposite responses

Uncertainty and pessimism feel almost identical from the inside. Both produce the same tight, cautious mood in a planning meeting. They call for different things.

Pessimism makes you cut. If you genuinely believe the next year is worse, reducing commitment is rational.


Uncertainty makes you wait. And waiting feels more responsible than cutting, because nothing has been lost yet. It costs about the same.

The waiting always comes with a condition attached, usually unspoken. Things will get clearer, and then the plan starts. Nothing in this data says that clarity is on its way. Unpredictability tripled as a named barrier in twelve months. Planning to begin once it lifts is planning for a moment nobody has scheduled.


What waiting actually costs

The cost is not dramatic, which is why it goes unnoticed.

Marketing is usually the first thing paused when the year gets hard to read. It is easy to pause, nothing breaks immediately, and the effects arrive one quarter later than the decision. So the pause never feels like it caused anything.

Then budgets loosen, everyone starts again at once, and the businesses that stayed visible through the quiet stretch are the ones people think of first. Not because they outspent anyone. Because they were still there when attention came back.

That gap is built during exactly the period when stopping feels most sensible.


Shorten the plan instead of shelving it

The response to unpredictability is not a braver twelve month plan. It is a shorter one.

A twelve month marketing plan is genuinely hard to defend right now, and pretending otherwise is how plans end up ignored by March. A ninety day one is defensible. You commit to a quarter, look at what actually happened, then commit again.

Three months is short enough that you can see the conditions you are planning into, and long enough that most marketing has time to produce a result worth reading. It also forces a review four times a year rather than one annual post mortem nobody schedules.

The plan gets smaller. The commitment inside it gets firmer, which is the trade that makes it work.


Put the effort into what holds its value

The other half of this is choosing activity that does not depend on a forecast.

Being known by the right people holds its value in any conditions. So does an offer someone can repeat back to you accurately, and a route for interest to reach you that does not rely on a platform's current rules.

None of those need you to know what the economy does next. They need a decision about who you are for, which is available to you today regardless of the outlook.

Compare that to a campaign built on an assumption about demand in six months. One of those survives a surprise. The other does not.


The forecast is not coming back

That is the honest read on this data. 48% of owners now name unpredictability as a top-three barrier, and fewer of them than last year think things are actually getting worse.

The conditions are not bad. They are unreadable. Those are different problems, and only one of them is a reason to stop.


If you would rather plan the next quarter properly than wait for a clearer one, a 90-day marketing plan starts at £2,500. Short on purpose, because ninety days you can commit to is worth more than twelve months you cannot.

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