Background Following a period of rapid growth, the business had outgrown its finance systems, processes and controls. The business was approaching the audit threshold and quarterly corporation tax payments, so cash control and forecasting needed to be reviewed much...
part time director
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How to build a marketing strategy from scratch
SME owners often invest in marketing without having a clear understanding of how to stand out in their market niche, engage with customers on a personal level, or navigate the intricacies of digital channels like TikTok or Facebook. The need for a solid, well-defined...
Mastering Business Pivot: A Guide to Navigate Change and Seize Opportunities
We are often asked when is the right time to change a business, what are the signs to adapt? Pivoting a business—making substantial changes in core strategy, product offerings, or target market—can be the game-changer between survival and failure. This article delves...
How Should Business Owners Manage Procurement in Their Business When Selling It?
When it comes to managing procurement in relation to selling a business, there are several steps that business owners should take to ensure a smooth and successful transition. Here are some key considerations: Identify key suppliers It's important to identify the...
Seven principles of quality management
A fundamental requirement of ISO9001:2015 standard is for top management to be involved in all aspects of the quality management system instead of delegating responsibility. As part of these responsibilities the ISO9001:2015 introduction makes reference to the seven...
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