When you launch or enter into a business, you naturally want it to succeed. However, there are a multitude of obstacles and challenges you may need to overcome and, if you don’t, you may find your enterprise struggling. A massive 60% of businesses fail within their...
Turnaround and Restructuring
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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...
5 Ways To Find and Resolve Problems Affecting Profitability
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...
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...
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