Exit Strategy – What should you consider?

Would your business fall apart without you? What’s your Plan B in case of accident, illness, or if you wanted to take an occasional holiday? If you were thinking of selling it, what’s your exit strategy? Would your business still thrive, or would it suffer a catastrophic failure if you suddenly stepped away? It’s tough […]

Four essential things every business owner should evaluate today

Business Planning Meeting

As we moved into 2022 earlier this year, there was a collective sigh of relief as it felt like we had finally left the COVID-19 pandemic in the past. But in doing this, for many, it still feels a little bit ‘Groundhog Day’. It can be incredibly easy to keep your head down and charge forward looking for an ever-moving finish […]

The roadmap to recovery: six proactive steps for business owners to take now

Over the past couple of years, we’ve been focusing on providing our clients with information on support schemes to keep their businesses afloat. However, we’re now living in a post-pandemic world and that brings with it new challenges and new opportunities.  Many businesses are still in ‘recovery’, so we’ve come up with six proactive steps […]

What is my business worth?

It’s a well-known concept that, essentially, ‘the business is worth whatever someone is willing to pay for it’, but there are some fundamental principles, both on a financial and non-financial basis, upon which a business valuation is made. Net Assets Does the business have a strong balance sheet with plenty of cash? Is there a lot […]