The role of CEO or MD of a growing business is an adrenaline-fuelled journey. The decisions get bigger, or rather the consequences get bigger. What if… your competitor got serious about buying you…? What if… you could gain access to an additional £500k of funding? What if… your big customer chose to turn off your service?
Posted on 10th February 2015 in Business Growth.
Recent research conducted at Everline in association with the Centre for Economics and Business Research, shows that the UK economy as a whole is losing out on £18 billion due to small businesses being unable to fill their available vacancies because of a lack of relevant skills. This is worrying given that the Small Business Tracker also finds that the number of small businesses with job vacancies is at its highest level since 2004. The report sheds light on some of the reasons behind this skills gap and on what needs to be done to address it in order for small businesses to prosper and drive the UK economic growth.
To achieve growth in 2015, business leaders need to question the status quo and encourage challenges from their colleagues and senior management team. Among those challenges will be the secret of future growth and success. In reality they need to pull apart yesterday’s business and build tomorrow’s model as this is where innovation lies.
Making sales, speaking to your customers and negotiating with suppliers are just a few ways in which your business uses its telephone and broadband service every day. You could say your phone line is how you broadcast your business to the rest of the world.
When it comes to impressing a journalist, the size of your company has very little to do with anything. Imagining that they give two hoots that your revenue number has doubled and that you now lead the market in terms of size will probably get you a polite yawn at best. Being of interest though – giving that golden nugget of information that stands you apart from all the other briefings the journalist will hear that day – will get you column inches. And that’s the only place where size should matter!
Posted on 2nd January 2015 in Business Growth.
Despite a predicted drop in the growth rates for next year, the UK economy is set to look healthy and sustainable in 2015.
Posted on 19th December 2014 in Business Growth.
Choosing an accountant is like choosing a new business partner. The right accountant will become a trusted colleague that you can depend on, who offers advice and guidance as your business grows.
So what are the top things you need to look out for?
For many SME owners, hiring a procurement professional might be something that is considered a necessity for a larger business, rather than a growing company. But these individuals are rapidly proving popular in smaller organisations.
Posted on 9th December 2014 in Business Growth.
The tendency of most smaller businesses is to feel like a cork floating on the ocean, incapable of influencing how or where the market takes them.
This is true in almost every industry.
But it doesn’t have to be that way.
Posted on 8th December 2014 in Business Education, Business Growth, Business Management , Business Profiles, Business Support, Conferences & Exhibitions, Corporate Finance , Finance, Finance Management, Networking.
We are endlessly told that hard work creates more profit. Work harder to create more profit in your new business. Does more work really mean more profit? Do we have to put in ludicrously long hours to be successful?
Many businesses recognise that they need some form of external intervention to help them grow the business. And there is no shortage of options on offer from coaching to mentoring to consultancy to mastermind groups to conferences, seminars, workshops and bootcamps. I have put them in approximate order from one-to-one to one-to many offerings…
It’s no surprise that online reviews are having a significant impact on customer service and, ultimately, the bottom line for businesses. The British Retail Consortium (BRC) said December 2013 was a record-breaking month for online shopping, with close to one in five of all non-food purchases made online. The report also found a 19.2 per cent growth in internet purchases compared with the same month in 2012, the fastest increase in four years.