Using a basic plaster on a major injury means you are going to bleed out. The same can be said for your business when thinking about those problems that impact on your profits. How many times have you looked to get to the bottom of a specific problem, issue, or...
Midlands and East Anglia
The Effective Management Buyout (MBO) Guide for Small Business Owners
Selling your small business can be a daunting task, especially when you've invested your heart and soul into building it. However, my advice to every entrepreneur is to consider their exit strategy. This guide explores the benefits and steps of an MBO. Remember, UK...
Don’t let your business fall off a cliff—two areas of risk assessment SMEs should pay attention to
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...
Using Your Assets to Secure Funds for SME Expansion
I’m often asked about alternative ways to raise funds for business expansion. SME’s still struggle to access finance through traditional routes such as bank loans but one way to access the finance you need is to take advantage of your assets. Small and Medium-sized...
A Comprehensive Guide to Identifying the Perfect Buyer for Your Business
As a business owner, selling your business involves one critical task—finding the perfect buyer. In this guide, we will walk you through essential steps and factors, optimising your journey to maximize your business's value and achieve desired outcomes. Thorough...
Material Requirements Planning (MRP) for SME’s – Do you need it? Where do you start?
As an SME grows the nature of the business becomes increasingly complicated, particularly if manufacturing or distribution are involved. In the early stages, most businesses manage with the back of an envelope or an Excel spreadsheet, but at some point, the...
Mastering Business Pivot: A Guide to Navigate Change and Seize Opportunities
We are often asked when is the right time to change a business, what are the signs to adapt? Pivoting a business—making substantial changes in core strategy, product offerings, or target market—can be the game-changer between survival and failure. This article delves...
Changes to Capital Allowances in the Budget
There has been some positive news for claimants of Capital Allowances for Property Embedded Fixtures and Fittings in the Budget As expected with the increase in corporation tax taking effect from 1/4/23 the Super Deduction will end - this was designed to give you...
Are you the subject of an HMRC R&D Tax Relief enquiry?
There has been a rash of these enquiries in these last few weeks with a deliberately scary and sometimes perceived as threatening incoming letter demanding detailed explanations of why your claim qualifies, details of how the time of staff and consultants were...