Key performance indicators, or KPIs, can help you measure how your business is performing in particular areas, so you can track and improve this over time.
Benchmarking provides a useful way to measure how effective your processes are, compared to competitors. Here’s how to start benchmarking in your business.
If you don’t keep control of your projects, you risk missing deadlines, compromising quality and disappointing clients. Here are the key steps to follow.
Businesses face change all the time, driven by external or internal influences. Making changes before they are forced on you brings competitive advantage. Creating a culture of innovation can transform your business.
Any change in the workplace can make people nervous - but if handled well it can bring huge benefits. This checklist shows you the steps to take.
Time is like money. If you control it, you can create a satisfactory and productive working environment. If you do not control it, you can spend your working life in an exhausting and depressing muddle.
Being a small business owner can mean juggling several roles - marketing, sales, finances and HR can all come under your job description. This makes long working hours a common problem. Clare Evans explains what you can do to work smarter and even cut your working day with some time management tips
Clare Evans is a time management and productivity coach and author of Time Management for Dummies. She frequently works with business owners to help them with time management.
Many small businesses do not need, or want the expense, of running their own board and that’s fine. But peer boards could offer an alternative, relatively low-cost way, of tapping into impartial advice from fellow business owners. We spoke to two board organisations about what they offer and two business owners about how peer board membership has benefitted them.
The business benefits of having a current business plan.
Exit planning is not a priority for many small business owners. But failing to plan could mean you fail to realise the full value of your business. Jonathan Massing explains how to plan your exit, when to plan and why exit planning is crucial for small business owners
Chartered accountant Jonathan Massing founded London-based advisory firm Kingswood in 1993. It specialises in corporate finance and professional services for small businesses. Massing has extensive experience of assisting in the sale and acquisition of companies, as well as advising owners on exiting their business.