Building a business is undoubtedly a tough job. Of course, most of the owner’s energies go into the day to day issues, winning customers, driving/directing the team and generally firefighting! So, thinking about an exit strategy is never on the owner’s top list of immediate priorities. However, there are many good reasons why the owner […]
Have you made your personal will? Probably; after all, it’s the right thing to do, isn’t it? So why do so few business owners do the same thing for their Company? You want your children to inherit your wealth without undue hassle. But how much thought have you given to who inherits your business; and […]
Over the next 10 years, the landscape of business ownership in this country (and across the globe) will begin to change dramatically. The unstoppable change has already begun as millions of baby boomer business owners begin to contend with retirement and the importance of exit planning. By definition ‘baby boomers’ are people born during the […]
Talking about communication, or lack of it, I was once the Non Executive Director of a small company and observed a silent row developing between MD and Technical Director – by email… Because the two men were only a few feet and one partition away from each other, and I was fifteen miles away, I […]
I have been lucky to have been a director for businesses that grew and scaled to its full potential, moving from a 9 to 5 operation to one that was effectively 24 by 7. Also I have worked with business owners who have stumbled into this growth scenario, and paid a very expensive price because […]
When you begin to think about selling your business, it can seem like a daunting undertaking. This is not only because it means parting with something you’ve built from the ground up, but also because of the complicated process involved. However, if you follow this advice, it may take time, but it doesn’t have to […]
As a business owner you have built up a good business and have been assuming that your children (when old enough) will eventually take over and continue to grow the business. But the penny will drop that your children will not be doing this for a variety of reasons, including some great reasons such as […]
Listen to the managing director of Connect Systems talk about the huge benefits CMC Partner, Derek Allen has provided on the growth of their business. Derek Allen has helped this business to develop a management structure, plan business growth and think about the owners exit strategy. Business: IT Support and Services Number of […]
