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Charities and PLCs have long been aware of the need to assess risk but there is little sign of Owner Managed Businesses following suit. The reason is that the first two have the need to assess risk enshrined in recommended practice (although judging by recent reports...
There are eight steps in overseeing and administering the various stages of a contract, from creation to execution and beyond, that business owners must pay attention to. A good process ensures all parties involved fulfil their obligations and meet the contract terms...
The global market for public cloud computing—mostly software as a service (SAAS) offerings— will expand by 102% by 2028. The UK’s share is expected to grow by 60% over this time, reaching nearly £30 billion. Whilst this is a huge technological change, the disruptive...
While charities and PLCs formally assess business risks, many owner-managed enterprises fail to follow suit. One reason is that sole traders and partnerships don’t have external stakeholders who require risk assessment. Another is that SME owners believe that the only...
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