Category: Advice

Every business grapples with a diverse range of financial challenges and no company is fully protected from cash flow issues, late invoice payments, and unexpected costs. 

If you are an owner-managed business but want to maximise sale proceeds at completion (and avoid an earn-out structure) then you need to have bedded-in a new management team ahead of your exit to demonstrate to the buyer that they don’t require you to remain in the business to perform any managerial or sales functions to maintain profitability after completion. 

Starting a business often begins with a spark of inspiration. There are some of us who naturally find new opportunities in everything we see, we think, “What if there was a solution to this problem?” or “How could this be easier for people?” This curiosity then leads us to innovative ideas and potential business ventures.

Business owners consider turnover as a fundamental metric for the growth of their firm. However, beyond this surface-level figure lies a deeper narrative that distinguishes one company from another.

Inheritance is a hot topic as Baby Boomers ponder how best to pass on the proceeds of their life’s work to their business colleagues and family members.

Growth: the act or process, or manner of growing. In business, that act or process of increasing in size, revenue, market share, or profitability is vital – particularly in the current economic climate, which is testing the resolve of even the strongest businesses.

Getting a business off the ground brings with it many challenges. And, when it then comes to scaling up, leaders will have to contend with a whole other set of matters. But the hard work is worth it and rewards plentiful.

Mario Andretti, the legendary Formula 1 racer, once said the words: “If everything seems under control, then you are just not going fast enough.”

Good marketing has the power to transform a brand’s image and reputation, yet so many companies are losing out from ideas and campaigns that underperform.