As 2020 proceeds, the Covid-19 Pandemic has created totally new climates in which businesses must operate. In order to trade successfully and make a strong recovery, these need to be clearly understood by business owners if they are going to lead their businesses into better times. Our observations so far Within this blog, we take a closer look at these changes and their impact on SMEs – based on observations with CMC clients across various sectors. […]
Now is the time to reimagine your business As we enter the ‘next normal’ for business it is important to spend time reviewing your business strategy. Not sure how to reimagine your business? Don’t know where to start? Try to think of it as developing a road map — with it, you’ll determine the direction […]
Are you thinking that life and business will go back to what is was a few months ago once this pandemic passes? Are you just waiting for the ‘all clear’? Or are you preparing for a ‘new normal? Are you ready for life after COVID-19? Some short and sharp lessons that we, as small business […]
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 […]
Business gurus always say that every business requires a contingency plan that anticipates all life’s little uncertainties. All too often, the listener nods sagely… But if such advice is being properly followed by most, how come so many businesses fall by the wayside when the going gets tough? The answer, sadly, is that many business […]
Your value proposition is the number one thing that determines whether people will bother reading more about your products or engaging with your business. The less well known your company is, the better value proposition you need. When reviewing marketing plans with my clients, the main conclusion was that missing or poor value propositions is one […]
It is often said that a business’s most important asset is its people. So how come so little attention is paid to building a talented team when considering major strategic changes? When a business owner considers how best to secure long-term growth or to prepare for an exit, the rationale invariably focuses on the Three […]
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 […]
