I see two problems with continuous improvement. First, if you’re always looking to be better there is a real risk you end up being perpetually dissatisfied or disappointed. Knowing you’ll never reach perfection means your improvement journey just goes on and on and...
Midlands and East Anglia
The role external finance plays in your business turnaround
There is always a risk in business that things won’t work. Many issues may threaten success, including market changes, a poor value proposition, rising costs, bad planning, poor leadership or loss of customers. Once you witness the symptoms of failure – falling...
7 signs you need turnaround finance
Despite the best efforts, some businesses will undergo challenging periods – falling sales, restricted cash flow or other financial blockers. If issues aren’t dealt with promptly, it may lead to the failure of the business, bringing the threat of foreclosure and...
Mergers, another option for your business?
We talk frequently about the acquisition and disposals of business as part of your business strategy, but we speak less often about mergers because they are seen all too frequently as takeovers, but does it need to be that way? Of course, not all mergers work, and the...
The five best debt funding options for a growing business
Growth is a primary ambition for many entrepreneurs. When you started your business, you had a vision, aims and objectives, which became a marker for your success. However, growth doesn’t always happen quickly. There are many factors at play. The most significant is...
The 9 reasons to restructure a business
In business, nothing ever stays the same, whether it be changing customer priorities, the competitive market, or operational difficulties. In most cases, you need to transform to re-energise your business. Restructuring a business is a standard method of...
Error Proofing – Stop doing that!
What do all the following have in common? Dave Grohl - Foo FightersThe Edge - U2Tre Cool - Green DayBryan Adams Matthew Bellamy - Muse Well, the answer is they’ve all taken a serious tumble off the stage they were performing on. Whenever that happens, I always...
Internal versus external growth: which should your business focus on?
When growing a business, there are many routes you can take to achieve your goals and step up to that next level. The key is finding a strategy that works. This means understanding the available options and identifying tactics that most suit your company. When...
Should my business be claiming R&D tax relief?
Innovation is all the rage in business. However, it often comes at a price that can pressure any company’s finance. Fortunately, the government seeks to encourage innovation. As more businesses utilise innovation, they can improve processes, find solutions to even...