A very useful guide on how to pick the right consultant for your business
Strategy
Expanding Your Offering: A Strategy for Growth
As a business owner, have you considered expanding your offering to stimulate growth? Diversifying what you provide can open new revenue streams, increase customer loyalty, and give you a competitive edge. You could develop new products or services that...
Top 11 strategies for taking your profitable business to the next level
Congratulations! Your company has transitioned from startup to profitability—a major milestone that few businesses achieve. However, with success comes new challenges, and the most pressing one's how to grow beyond your current level. Here are 11 things you can do to...
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...
The Cost of Not Taking Risk Seriously
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...
The public cloud gives small businesses an edge. What’s stopping you from taking advantage?
On average UK SMEs using the Cloud experience an increase in profitability of over 20%. What’s stopping you from taking advantage?
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...