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 […]
What is involved in ‘scaling your business’? It is probably best to answer that question first. For a business it is the model or system whose characteristics are that it is able to cope and perform under an increased or expanding workload. Or, a scalable business is one that can maintain or improve profit margins […]
I have worked with many businesses of different sizes and at different stages of their ‘life’, e.g. early stage start-ups to mature businesses handing over to the next generation or exiting via a trade sale and ‘growing their business sustainably’ is always on the agenda. All companies need to increase sales and improve their performance […]
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 […]
Even if we do not understand everything a ‘marketing guru’ says, all business people know they need to invest some money into marketing their products or services. In a digital age, they are many questions. Should I stop the traditional marketing and invest all my money into digital marketing? Should I spend everything on pay […]
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 […]
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 […]
