All business owners need an effective exit strategy, even if you expect this to be many years in the future.
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Effective business leadership has strong associations with a positive workplace culture and strong lines of communication between team members as our recent case study shows.
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In the current climate of inflation, every company owner and director must urgently look at business cost control as a means of improving profitability and preserving cash.
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The daily pressures of meeting customer needs, managing cash, supporting staff and 101 other urgent things. This means that time for strategic decision making can get squeezed out.
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Business owners should seek continual improvements in their processes and operations to not only stay one step ahead of competitors, but also to improve profitability.
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In this article we look at 5 better ways of managing that will work for you, your staff and your business.
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Major disagreements between directors can spell disaster for any business but particularly an SME. When individuals become entrenched it can be almost impossible to resolve the situation without external help. Thankfully getting expert independent support before it’s too late can lead to transformation as we see in this business success story.
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Business owners often think about how to exit their business and what it might be worth. One of Secantor’s clients made their dream a reality by executing the perfect exit. Read their story to find out how they achieved it…
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One of Secantor’s clients has recently doubled sales and tripled profits as a result of a very successful acquisition and ongoing organic growth. Their decision to simultaneously invest in improving business processes and financial planning & reporting helped to achieve maximum success. Read their story here…
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If you need assistance with running your business a management consultant can help, but you need to select them carefully to ensure a good fit for you and your business.
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The growth of your company is determined by your ability to consistently meet your strategic, financial, sales, operational and other goals.
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Businesses large and small have been impacted by the pandemic; for some it’s been positive but for most it’s led to significant disruption. The effects have touched every area of business including how businesses engage, motivate, support and communicate with their staff. One client that Secantor has worked with for over a decade has deployed effective team management strategies to adapt to the challenges of remote & hybrid working by modifying its communication style, methods and technology to strengthen cohesion with their team.
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Right from the outset, you need to build a strong and effective team around you to give your business the best chance of success.
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One priority you should never ignore is the importance of budgeting.
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