As the credit crunch continues to dictate the future of small business, insolvency, client cut backs and longer payment cycles have become an economic reality. For many business owners, when profits fall, the immediate temptation is to dramatically cut back … Continue reading
In yesterday’s post we reviewed a business suffering as a result of the current economic context. Today we aim to give you some practical advice on how to turn your business around if you think you are heading for an … Continue reading
Though the current economic climate is less then favourable, the good news is that even in bad times, there are businesses that emerge from the recession stronger and more profitable than before. At the time Business Strategist Ian Matthews joined property … Continue reading
Only a year ago, the term ‘Credit Crunch’ didn’t exist. Now, it has become a phrase that defines not only a political party, but a generation. In this series, we consider the impact of the recession on the SME sector … Continue reading
The news that publishing group EMAP was closing the iconic Smash Hits magazine after 28 years of trading, not only signified an evolving market but also the impact of not consistently evaluating your business. In this post, we consider how … Continue reading
The franchise model gives a business a means to expand nationally or internationally without the financial risk associated with forming a company from scratch. In this post we will look at the reasons why many businesses choose to adopt a … Continue reading
There are many reasons why a company chooses to diversify. However, in the current economic climate, many businesses are looking to adopt a diversification strategy as a means of business survival. In this post, we will define diversification, consider when … Continue reading
You might have come up with a revolutionary business concept, but do not possess the finance, market knowledge or resources necessary to turn your idea into a business reality. On many occasions, especially in the current economic context, collaborating with … Continue reading
In our last series of posts, we concentrated on the many different approaches to company formation and starting your business. This week, we will consider what to do once your company is formed, various growth strategies and how to expand … Continue reading
As the economic climate shows no immediate sign of improving, more and more people are under the threat of redundancy, In this post, we consider enterprise after redundancy and changes in personal circumstances both of which, many successful entrepreneurs cite … Continue reading
