In the run up to the Autumn Budget, entrepreneurs should focus on preparation rather than speculation. With rising costs, tax changes and regulatory complexity already affecting businesses, owners should regularly review their business, wealth and succession plans to ensure they align with long-term goals.

Before any budget, there will inevitably be a speculation. But for entrepreneurs and business owners, the most important message is to not react to rumours. Don’t do something now that you may regret later. Now is the time for preparation rather than prediction. The businesses and individuals best positioned to navigate change are those with plans robust enough to adapt, whatever the policy landscape may bring.