If you’re considering selling your business, you need to arrive at a fair value. Here are all the factors you should take into account.
Protecting your IT system and the information it holds is essential. An IT systems failure or data loss can be catastrophic for your business.
Effective cash flow management is vital to ensure that your business has the funding needed to keep trading and make the most of opportunities to grow. A business can survive for a short time without sales or profits, but not without cash.
Personal development plans (PDPs) provide a powerful, flexible way to link employees’ professional and personal development with the development of your business.
Maintaining employees’ focus and motivation is essential if they are to make a full contribution to your business
Whether you are aiming for increased sales, more efficient production, better use of IT or simply a reliable team that can solve its own problems, training is often the best solution. Training can turn an employee from mediocre to good, and make a good person excellent.
Identifying and monitoring key performance indicators (KPIs) helps you focus on the areas that really matter to your business.
Building long-term profitability allows you to grow your business and the personal rewards you get from it. Creating and increasing profitability depends on doing many little things better than the competition.
Whether you are the managing director or a shift leader, the way you lead is the single biggest success factor for everyone you work with. Aim to make the most of your strengths and develop key skills such as communication, delegation and effective decision-making.