Over the years I have developed a number of Turnaround strategies, both for my own businesses and when supporting and advising others. What I learnt fairly early on was that it makes a significant difference to the success of the plan if you put in some ground work first. Of course, it’s tempting to skip […]
Cash flow issues? More money might not be the answer
Business owners experiencing cash flow issues will often say, …’if only I had another £xxx – I could really make this work’. Throwing money at a problem can hold off decline, but cash flow often isn’t the root cause of the problem. So, before going to see your bank manager, or re-mortgaging, or borrowing from […]
Business strategy 101: What does your Brand say about you?
In our new world of global communications, brands have become ever more relevant to our everyday lives. We use brands constantly to help us speed up the buying process. Whatever it is we are looking for – quality, consistency, service, value for money, no frills – it is there in the brand. Companies spend a […]
One thing you must do if you think you’ve got business problems
My big fear as a businessman over the last 30 years is of losing control of the situation, particularly when it is in an area that I don’t fully understand. Not because I couldn’t understand the issue; it just happens to be something that hasn’t happened before and that therefore I don’t have any experience […]