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A journey towards team effectiveness
“A team is not a group of people who work together, it is a group of people who trust each other.” Simon Sinek In September last year, a CEO, we’ll call Kathy, recognised that she needed help with her executive team. Specifically, aligning the five team members to the...
When a business collapses do you always heed the lessons?
When business people see the increasing number of articles coming out about the collapse of businesses in the public eye, there is a temptation to think that it is solely a result of them growing too big and too fast. However, like the collapse of any business, there...
Managing Costs – 4 Factors
Managing Costs on IT products and equipment is extremely difficult for organisations. Independent survey reports, analysis of purchases and consistent client results support the fact that 81% of organisations will pay more than they should on everyday tech products....
7 next steps if you’ve been rejected for business finance
In a perfect world, every business would secure its funding choice immediately without a hitch. However, this is often not the case. Lenders and investors have set criteria they stick to when considering businesses, and not everyone will meet them. Funding isn’t an...
7 credit management tips for maintaining cash flow
Maintaining positive cash flow is integral to the long-term running of your business. It enables you to meet your financial commitments and keep your operations ticking. However, there are constant threats to cash flow. One that frequently affects businesses is late...
Should you lease or buy business assets?
Every company needs assets to operate, from machinery and hardware to vehicles and furnishings. Without these, staff cannot do their jobs and customers are left unserved. However, securing these assets comes at a substantial cost. Buying assets outright requires...
2023 and Beyond. How can a business plan
If you are a small or medium-sized enterprise, as we approach the end of the Annus Horribilis that was 2022 and try and look forward to 2023 the future holds lots of uncertainties. We are on our 3rd Prime Minister this year, we see no end to the war in Ukraine and its...
How to maintain cash flow amidst rising inflation
With the economic context of the UK, it’s no surprise many businesses are experiencing cash concerns. Inflation, the energy crisis, supply shortages, and the risk of recession have all seen economic confidence decline and prices increase, bringing unwanted...
What is stock finance?
Stock finance is a popular form of funding used to boost cash flow by unleashing capital in your warehouse. It utilises unused stock as security to raise finance from lenders. If used correctly, it is a great way to free up money while enabling you to retain the...
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