As a small business owner wanting to grow your business you will be looking at ways to improve your business to generate more profit and cash, to free-up working capital, and to make more effective use of your own time. While there may be one-shot improvements you can...
Deming Cycle
Latest News
R&D Tax Credit Schemes to Merge – What does it mean for UK SMEs?
The Autumn Statement 2023 confirmed that the merger of UK Research & Development Tax Credti schemes will go ahead as early as next year. This change will be legislated in the Autumn Finance Bill 2023. But what does this mean for Small and Medium Enterprises? I...
How an expert helps unlock growth
Getting an outside opinion helped one food company increase its sales by 10 per cent and diversify its risk profile in a highly competitive market. The business had an opportunity. One of its main customers asked it to take over the manufacture of a high-demand...
Where is your sweet spot for success?
In 2008, a student asked Grayson Perry, Britain's leading contemporary artist, how he figured out what his art should be about. Perry was stumped. It is a question that many business owners grapple with - what do their customers buy from them, what do they want...
How to keep your business on the road
What do we look for when we consider the risk of financial distress? A recent review of a sample of ten companies showing signs of being "at risk of financial distress" found five had an "emphasis of matter" in their auditor's report, and the other five had one or...
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