‘The water was cold and shook me up. It was another few seconds before I realized that I accidentally drilled into a water pipe behind the plasterboard during one of my weekend DIY (don’t!) projects at home. With one hand covering the leak I frantically called a local plumber – who thankfully happened to be […]
Tag: SME
How can an exit strategy benefit your future?
Like many business owners, you have devoted immeasurable amount of work and resources on developing your business. When you are busy with every day operations, it’s difficult to find the time to think about your exit strategy or retirement plan. Developing an achievable exit strategy is an essential task and too few owners give it proper consideration. An […]
Are Technology Service SME’s in a Growth Trap?
The UK attracted more venture capital investments than any other European country in 2018 (Source: TechNation 2018). Scaleups in the London area delivered 56% annual growth rates, the fastest in the world. Yet, a study by CMC Business Advisors, of 117 businesses within a 50-mile radius of London, each with annual revenues less than £10m […]
Celebrating 30 years in business: Interview with founder Derek Allen on ‘staying ahead’ for 30 years
As CMC celebrates 30 years in business supporting businesses to grow, exit and sell, we step back and reflect how CMC started, the challenges we faced and the successes we gained with an interview with CMC founder Derek Allen. It’s a pretty momentous milestone, Derek – 30 years of CMC. How does that […]
Video – Contingency Planning – Death or Illness in an SME
Many businesses plan for disasters, insuring against damage and setting up backup options that will enable the business to survive and continue trading. Likewise, business people will insure their lives for the benefit of their families and will perhaps take out incapacity insurance to support the family. However, in a small business the owner […]
Growth Voucher Matched Funding for your Business
If you are a business based in England with less than 250 employees you may be eligible for matched funding for strategic advice. The scheme was announced at the beginning of 2014 when £30m was pledged to support SME’s with their growth planning. The scheme has been extended to March 2015 so you need to […]