The Dangers of Just One Opinion?

The Dangers of Just One Opinion? Like most business people we have been trying to peer into our crystal ball to see the future and to help us we have been reading leading economists views only to see there is no consensus.  The danger here is you pick one whose...

Consensus Management or Dictatorship?

Consensus Management or Dictatorship? When things are going well it is easier to run a business by consensus where everybody has a say and, because of this, no-one is accountable when things don’t work as expected. When business is difficult people naturally turn to...

The Coronavirus Isn’t The End Of The World

The Coronavirus Isn’t The End Of The World But you can be forgiven for having some sleepless nights worrying how it might affect your business. We believe you should take this opportunity to have a long hard look at all aspects of your business. For example do you...

What To Do In An Uncertain World

What To Do In An Uncertain World A local insolvency practitioner recently told me ‘the next 18 months are looking good for us.’ To make sure you will not be one of their clients there are a number of simple things you can do.  Review your processes and procedures to...

Are you a Creator or a Custodian?

Are you a Creator or a Custodian? Most of the business people we have come across broadly fall into two categories – Creators who start businesses and custodians who run more mature operations. The creators are often mavericks who have an idea and go for it and this...

Now is The Time To Grab a Bargain

Now is The Time To Grab a Bargain We keep saying now is a great time to bag a bargain business and, to prove it, we just did. We worked with a client to buy a retirement sale of a T shirt company for LESS than 30% of the stock value at trade prices.  This price also...

Succeeding in a World Dominated by Amazon

Succeeding in a World Dominated by Amazon Let’s get the bad news out of the way right now – you can’t sell more cheaply, you can’t deliver more efficiently and you can’t do this with such staggering certainty and ruthlessness as Amazon. So, what can you do?  You must...

When Following the Herd is Wrong

About three years ago Neil Bailey and myself were asked to go into a company and see if we could provide advice on their problems.  It was a multi-million pound turnover company, of long standing, who were now losing quite a bit of money. It soon became obvious they...

Who Owns Your Personal Data?

Most of us think the General Data Protection Regulations (GDPR), which came into force in 2018, gave us control over what happens to our own information but this is not necessarily true. How many times have you just accepted the terms and conditions when using an...