Every business grapples with a diverse range of financial challenges and no company is fully protected from cash flow issues, late invoice payments, and unexpected costs. Understanding these challenges is the first step in navigating them successfully and achieving business success. As James Robson, CEO, FundOnion explains, we know that adopting effective cash flow management […]
If you are an owner-managed business but want to maximise sale proceeds at completion (and avoid an earn-out structure) then you need to have bedded-in a new management team ahead of your exit to demonstrate to the buyer that they don’t require you to remain in the business to perform any managerial or sales functions […]
After many months of speculation, we now know the general election date: 4 July 2024. The political parties’ manifestos have yet to be published. However, we do know the Labour Party’s proposals regarding employment law because these were set out in Labour’s Plan to Make Work Pay: Delivering A New Deal for Working People, published […]
Starting a business often begins with a spark of inspiration. There are some of us who naturally find new opportunities in everything we see, we think, “What if there was a solution to this problem?” or “How could this be easier for people?” This curiosity then leads us to innovative ideas and potential business ventures. […]
Humans are social creatures. Our DNA is genetically hardwired to spend time in communities, working with others to solve problems, to be creative and to learn. It’s what has enabled us to dominate the world as the most successful organism to have ever existed. Our ability to socialise is our superpower. The working population spends […]
The working population is growing as people live longer and choose to retire later, and the current employment workforce is now made up of five generations. We are seeing baby boomers working alongside Gen Z, both generations apart with differing needs and priorities, and with this generational diversity comes the need for versatile leadership approaches. […]
Business owners consider turnover as a fundamental metric for the growth of their firm. However, beyond this surface-level figure lies a deeper narrative that distinguishes one company from another. While two firms within the same industry may show similar turnover figures, the underlying dynamics of their revenue streams can be vastly different. The quality of […]
Inheritance is a hot topic as Baby Boomers ponder how best to pass on the proceeds of their life’s work to their business colleagues and family members. Whatever the source of your wealth you’re entitled to protect it and ensure it will make a difference to the lives of your beneficiaries. In this article we’ll […]
Many of the challenges faced by businesses today are complex, multifaceted and interconnected – requiring a combination of human ingenuity and technological capabilities to solve. Professor Chris Harrop OBE, Made in Britain Chairman explains that while Industry 4.0 revolutionised production – with the transformative impact of automation, artificial intelligence (AI) and the Internet of Things […]
There’s no doubt that AI adoption is here and possibly more widespread than you would have thought. Research from Equals Money of UK financial decision makers found that over three quarters (77%) are already actively adopting or experimenting with AI in their processes. So, what role can AI play in your business finances? A core […]