If you are thinking of selling your business one day, even if it is in 5 years’ time, you need to begin boosting the sale value today. If and when you finally sell, your buyers, their lawyers, consultants and accountants, will all be looking through your company’s past history… in extreme detail. Possibly for the previous…
You’ve made the brave decision to go ahead with your business idea and work for yourself. This is great news. It also means your to-do list is endless. One item that needs to be on your list, is choosing the right legal structure for you. This process can be daunting. I outline below, in basic…
There are some simple things you can do today, to start increasing your profits without winning new clients. Making some minor changes to the way you do business will be barely noticeable to anyone- apart from you, of course, as you’ll know you are becoming more profitable. 1. Increase your prices. No really. A small…
Businesses are in the habit of measuring many things: customer satisfaction, financial performance, staff performance, market share and share value to name a few. And then there are hundreds of key performance indicators out there. David Parmenter has some books on the subject, in which he describes an endless number of them. But I think, one…