Date: 08/12/2017 | By: Gill Hutchinson
The holiday season, although it may seem strange, may be the perfect time to increase the value of your company.   The most valuable businesses are the ones that can survive without their owner. A buyer will pay a premium for a company that runs on autopilot and levy a steep discount for a business that is dependent on its owner.   This holidays, consider taking an extended break from your business to see how things will run when you’re… Read More
Kaizen - Continuous Improvment
Date: 05/12/2017 | By: Louise Blunt
The Japenese concent of Kaizen or "improvement" builds on the Introduction to Lean that Louise Blunt has covered previously on the BizSmart blog.   In this webinar, BizSmart Core Advisor Louise explores the ideas behind continuous improvement and the various tools businesses can use to benefit from this practice.   [capture_email] Click here to listen to the webinar, or read on for more information...[/capture_email] Incremental Gains   Continuous improvement is not about big changes all in one go. It’s about looking at… Read More
Date: 05/12/2017 | By: Gill Hutchinson
  One of the most intimidating aspects of selling your business can be facing the barrage of questions during the various management presentations you’ll be doing for potential purchasers. Be prepared to be grilled on all facets of your operations.  Of course, every meeting will be different, but here are some questions you can expect to be asked when you’re in the hot seat: Why do you want to sell your business? It's a slippery question because if your business truly… Read More
Enterprise Finance Loan Guarantee Scheme
Date: 29/11/2017 | By: Ian
Obtaining finance can be a challenge for small businesses. But there are lots of myths around about different types of finance, so it’s useful to know what the facts are.   Experienced commercial banker and BizSmart Core Advisor, Ian Priest of Independent Banking Consultants explains how the Enterprise Finance Loan Guarantee Scheme works.   [capture_email]You can listen to the webinar Click Here or keep reading to find out more... [/capture_email]   The Enterprise Finance loan Guarantee Scheme is a government-backed scheme… Read More
Date: 24/11/2017 | By: Gill Hutchinson
Are you trying to time the sale of your business so that you exit when both your business and the economy are peaking?   While your objective to build your company’s value is admirable, here are five reasons why you may want to sell sooner than you might think:   You May Be Choking Your Business   When you start your business, you have nothing to lose, so you risk it all on your idea. But as you grow, you… Read More
Date: 17/11/2017 | By: Gill Hutchinson
  Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a company.   The sound of the gun sends blood flowing as you leap forward out of the blocks. Within five seconds you’re at top speed and within a dozen your eye is searching for the next hand. Then you feel the baton become weightless in your grasp and your brain tells you the pain is over. You… Read More
Date: 08/11/2017 | By: Sara Marrett
Everyone's talking about the new General Data Protection Regulation (GDPR), and we all know that May 2018 will come around fast. So what are the key facts about GDPR that we all need to know and understand? What do you, as a business owner, need to do to ensure you're compliant with the new legislation? And when do you need to be compliant? BizSmart Select Member Sara Marrett of The HR Department explains exactly what you need to know in… Read More
the business rollercoaster
Date: 01/11/2017 | By: lizpaintercommacomma
Business can be like a rollercoaster.   You work on winning new customers, and then when you get busy, you ease off on the sales and marketing activities.   It might be that as a couple of projects are coming to an end, you suddenly realise you need some more customers. This encourages you to ramp up your marketing activities again.   So you end up in this ongoing cycle of fluctuating levels of work. You never get the consistent flow of… Read More
Date: 24/10/2017 | By: Gill Hutchinson
As with many things in life perseverance pays off. In marketing, perseverance is the key to a developing an ongoing marketing strategy that will create good return and a consistent flow of results. It can be all too easy to launch off full of enthusiasm for your latest endeavour, only to find it cast to one side a few months later, forgotten and neglected. This is where people say "but marketing doesn't work." It is not to be used as… Read More