Blog
The voice of NW4
We try to share topics we think may interest you or even benefit you.
We’d like to think we succeed some of the time.
10 TIPS TO GET THE MOST FROM SOCIAL MEDIA IN YOUR BUSINESS
What is Social Media? In simple terms, social media describes the tools people are using to share text, video, images and information online and the networks they are using to connect with each other. It’s the evolution of the internet from a broadcast medium to...
ANY MERIT IN A PERSONAL BALANCE SHEET?
If family is more important than business, then how come so few business owners have a personal balance sheet? Is it because they feel that they intrinsically know the value of their personal assets and liabilities? Or could it be that they’re fearful of what it...
10 STEP PROCESS TO MAXIMIZING THE VALUE OF A BUSINESS ON EXIT
The Global Financial Crisis (GFC) has delayed the exit plans of the baby-boomer business owners but their need to exit has not gone away. The value of the average business has been limited for a few key reasons. Most businesses have been structured and operated...
3 KEY IDEAS FOR BUSINESS SUCCESS IN 2012
Know your Personal Brand Every person in business has a ‘role’ or a ‘title’ that defines what they are expected to do day-to-day (the ‘features’ of what they do). However rarely is that the same as what they are truly ‘known...
10 STEPS TO IMPROVE YOUR SALES
Profile your customers.Most business can tell you how many products they sold and what the products do. Very few of them actually know who their customers are. Segment your customers.This is a difficult process in most businesses because the information has not...
ARE YOU TOO BUSY TO PLAN FOR SUCCESS?
Our experience tells us that highly successful businesses are adequate in all three of the following areas, but excel in at least one, depending on their chosen strategic focus in delivering outstanding customer value. Product excellence – strategies...
ARE DEBTORS COSTING YOU?
There’s a saying that: “profit is opinion but cash is fact”. This in part alludes to the notion that profit can be calculated in many different ways with many different interpretations. It also asserts that cash is more tangible and cash flow is the...
EXIT ROUTES AND CASHING IN: WHAT TO THINK ABOUT WHEN SELLING YOUR BUSINESS.
There are as many as 80-90,000 businesses on sale in the UK at any one time. That’s a lot of competition for vendors wanting to get the right price, and for buyers looking to acquire the perfect business. It also raises many questions. What’s your business...
INSURANCE PREMIUM TAX
Last month we were discussing staff retention and many business owners think that the provision of benefits, such as medical insurance, helps. Most would agree that there’s a real benefit in by-passing lengthy NHS waiting times and receiving much quicker...
CAPITAL TAX PLANNING
Capital Tax Planning For individual taxpayers and corporations, the overarching objective of capital tax planning is the minimisation of tax liabilities resulting from capital gains. Capital Gains Tax (CGT) is the focus of capital tax planning. CGT is incurred...
WHY THE SKILL SHORTAGE?
So many business people we talk to complain that it’s really hard to find good staff, which is supported by a recent survey which said that recruiters are struggling to fill posts, (with a knock-on effect on salaries). The UK economy is forecast to grow, but...
WE’RE A FAMILY BUSINESS TOO!
Family businesses make up a significant proportion of UK Limited, including the manufacturing sector, in which, contrary to popular belief, we are manufacturing more goods than we did 30 years ago. You probably know the stats, such as: * There are more than 3 million...
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