During these unusual times we have all realised that we cannot plan for every eventuality, but we can help by being prepared. How we react to sudden events is our choice and our decision. Situations can come out of the blue just like Covid-19 did, but unexpected events can take many forms – a technology shift in your market, an unsolicited offer to buy the company or something more personal like divorce, […]
Understanding a business’s purpose just became more important. Here’s why. In a recent Ipsos poll of over 21000 people across 28 countries, 86% of respondents said they want to see the world change to become a fairer and more sustainable place. Talking about the new normal has become fashionable. Yet, how many businesses can genuinely claim they want […]
An exit strategy doesn’t necessarily mean you are looking to leave or sell your business. It can be this, but it can also act as a contingency plan. Having an exit strategy can keep your business moving, providing an income and keeping it viable in the unforeseeable event of the business owner not being able to manage it for a period of time, or even permanently. With this in mind, the largest generation category of SME […]
You have survived the last few months, but you are in a different position now and it is not business as usual. So where do you go from here? How do you begin to move your business forward and get back to where you wanted it to be when you started out? To refocus your efforts, here are 3 crucial questions to help you plan. Ask yourself – What is the […]
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 […]
