Measuring marketing effectiveness for a company’s marketing activity is essential for ensuring that the benefits are maximised and the cost optimised ….. but how? It’s a well know cliche that “I know I waste half the money I spend on marketing, I just don’t know which half“. Marketing really is like any other form of investment – how […]
Dealing with employees on a personal level can wreak havoc in a small or family owned business – because conflicts or disagreements are part of many start-ups and family owned businesses. When it comes to conflicts of interest in a family business, these matters are more difficult to resolve, because there are three levels of […]
As an owner manager 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 […]
Like many business owners, you have devoted immeasurable amount of work and resources on developing your business. When your busy with every day operations, it’s difficult to find the time to think about your retirement plan and when to exit your company. Developing an achievable exit strategy is an essential task and too few owners give it proper […]
When you have been owning and managing your business for several years, you start to believe that all the necessary paperwork you need is at hand and ready to hand over to a potential investor or buyer. Unfortunately we often meet business owners who are trying to sell their companies with inadequate, out of date, […]
At CMC Partners we are very lucky to work with talented owner managers who have grown their business, and 1 topic that comes up early on in the series of meetings is about how can they develop an exit strategy for the business or plan for a succession with thm getting the true value. […]
If you’re like the most business owners, your business plays a major part in your retirement plans – even Warren Buffet & Bill Gates agree to this! Unlike these 2 gentlemen you may not have had the opportunity to fund your retirement beside from your home and your business. OK your plan might be that […]
There’s a lot of twaddle talked about the rise and fall of family businesses and family succession planning, like: ‘Family-owned businesses are a small part the UK economy’.Actually they account for almost 95% of businesses in this country. So family succession planning is vital. Family businesses ‘go from shirtsleeves to shirtsleeves in three generations.’(The first […]
