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...
business advisors
Why due diligence matters when buying a business
There could be several reasons why a buyer wants a particular business – location, industry position or existing client book. However, regardless of why you buy the company, you need to undertake proper due diligence to ensure it's the right move. This process is the...
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...
ISO Certification and Trust
There are many advantages to your business gaining UKAS Certified ISO Standards, both internal and external– but perhaps the most crucial element of the entire ISO framework, and the result that will likely benefit you the most is trust. Certifying compliance with...
Managing Perceived Over Valued Products
Occasionally an organisation will have a specific product or service that will have a perceived higher degree of importance. It will actually be or be seen as fundamental to the success of the business and any disruption could cause irrevocable damage to its standing...
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...