8 Tips to Re-launch your Business onto a Sustainable Growth Path

Economic downturns, customers going into receivership owing you money, employees leaving and taking customers with them – all these can put your personal and business skills or abilities to the test. Surviving in hard times, especially after a succession of hard knocks requires the focus and skills to re-build or re-launch your business. Here are 8 tips for business owner managers to get back onto a sustainable growth path.

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9 Questions to Ask Yourself before Hiring Your First Employees into Your Growth Business

You have started your business, everything is going very well, and you now need help to continue to grow and are thinking of hiring your first employees. Great, but stop to ask yourself these questions before rushing in. Making the decision to hire your first employees, is not just a financial commitment, it will help grow your business, so hire with your eyes open. If anything in this blog strikes a nerve or resonates with your own experience, feel free to make a comment below or call Phil on 07720 397040 or email him.

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10 Common Mistakes Most Business Owners Make

Every owner manager has to find ways to improve how work is done and at the same time look for ways to improve the employee and customer experience. Successful businesses understand that happy customers and employees have a direct impact on the bottom line. Since most owner managers take on many roles they are prone to make mistakes, which can threaten the business’ long-term survival. Here are 10 of the most common mistakes.

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Are owner managers themselves hindering the growth of their business?

I have been doing some ‘research’ on how SME owner manager businesses may have different problems when it comes to growth. Initially the idea seems just wrong as each type of business is different in both current size and potential capacity for growth.

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My Business is in Trouble – How can it be rescued ?

If your business shows signs of getting into trouble, for example difficulties finding cash to pay suppliers, or constantly up against borrowing limits - there are many ways to bring it back on track. If you act quickly and follow the right advice, you can maximise your chances of rescuing your business before it becomes critical. Before you can make major changes to your business, you need to know where the problems are. Look at your business plan and accounts. Where does reality not match up to what you anticipated? How long has the issue existed? Is it a temporary problem or something more longstanding?

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