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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?
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...
Continuous Improvement doesn’t have to be difficult (4)
So far, we’ve covered three things you can easily do to get your improvement journey started: Make notes in real time about what goes wrong or can be improved Chat about how well (or otherwise) things are going and what needs to change Draw pictures of how you do what...
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...
How to build a marketing strategy from scratch
SME owners often invest in marketing without having a clear understanding of how to be successful. Find out how to build a marketing strategy from scratch.
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...
How Should Business Owners Manage Procurement in Their Business When Selling It?
When it comes to managing procurement in relation to selling a business, there are several steps that business owners should take to ensure a smooth and successful transition. Here are some key considerations: Identify key suppliers It's important to identify the...
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