What’s an Employee Ownership Trust? As a business owner, you probably want to leave a lasting legacy behind when you finally get to the end of the journey and decide to exit the business. One way to achieve this is by disposing of all, or part, of the company to an Employee Ownership Trust (EOT). […]
Category Archives: Planning
What’s the difference between statutory and management accounts? As a business owner, you know you need to produce accounts – that’s a given. But do you know the difference between statutory accounts and management accounts? Your statutory and management accounts have two very separate purposes, and producing both kinds is good practice for any business […]
How the right accountant can support your business development? As accountants, we won’t just look after the financial side of your business, we can also advise you on the strategic side of your company, including the importance of business development as vital part of your growth plan. Business development (BD) is what helps your company […]
Business tips: Getting your operations up and running If you are ‘pressing go’ on your new business, what are the key elements to have in place before you begin trading? The complexity of your operational model will vary greatly, depending on the kind of business you’re setting up. A small two-person design agency will have […]
A strong strategy is the heart of your successful business Businesses that have clear objectives or goals, robust accountability and a shared sense of purpose should always outperform those that just show up and go through the motions. Strategy lies at the heart of most successful businesses. To achieve this you need to resource and […]
When should I start planning my Exit? Succession planning It takes real guts to leave a secure, well-paid job and start a business. But it takes even more guts to walk away from your successful business baby to start another new chapter! And, more than guts, moving on takes a strategic mindset if you want […]
Business tips – Scaling up your business and workforce Scaling up your business isn’t about steady growth over time. It’s about having a clear strategy for quickly expanding the business to achieve full-scale hypergrowth. Most startups grow organically, adding customers here and there and gradually expanding over time. Scaling up aims to accelerate this process, […]
Wouldn’t it be great to have your best year ever this year? Whether you want to grow your business or take more time for yourself, these goal-setting tips can help you achieve your long-term plans. Think big! – What do you want from your life – and how can your business help you achieve that? Think […]
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