Business Essentials: Reducing Business Costs
By Paul Gibbins on Dec 9, 2020 8:00:00 AM
Cost Control Reducing costs is an important factor in improving profitability and preserving cash in your business. Every business should regularly review its costs to ensure money is not being wasted. However, the current economic downturn makes this an essential task. How should you approach cost …
Business Essentials: Critical Business Friend
By Paul Gibbins on Dec 2, 2020 8:30:00 AM
The Critical Business Friend Anyone who runs their own business knows that it can be a lonely place to be. Who do you share your ideas and plans with? Who challenges you and highlights areas of improvement in your business? An independent expert can be the perfect critical friend for you and your bu …
Business Essentials: Cashflow Forecasting
By Paul Gibbins on Nov 25, 2020 9:30:00 AM
Cashflow Forecasting & Management Cash oils the wheels of your business. It’s the liquid that keeps everything moving. If it dries up, your business will come to a grinding halt. Nasty surprises are the last thing you need with your cash so a short-term weekly cashflow forecast is an essential t …
Business Essentials: The Financial Forecast
By Paul Gibbins on Nov 18, 2020 8:30:00 AM
The Financial Forecast Do you wish you had a financial crystal ball for your business? Sadly they don’t exist but the next best thing is a detailed financial forecast covering your medium to long-term plans to reflect the ideas in your business plan. Despite this, many small business don’t have one. …
Business Essentials: The Business Plan
By Paul Gibbins on Nov 14, 2020 9:15:00 AM
The Business Plan Every business needs a plan. In the current climate of uncertainty, it has never been more vital. Why should I have one? The Journey is as Valuable as the Destination Arguably, the process of developing a business plan is as valuable as the result. It raises key strategic questions …
Adapting to an Uncertain Future
By Paul Gibbins on Sep 24, 2020 8:30:00 AM
Adapting to an Uncertain Future As Autumn begins, business owners continue to face major challenges: Government support is withdrawing The marketplace is changing Staff need nurturing and motivating Operations must evolve How are you adapting for the future? It can be lonely as an Owner/Director wit …
The Journey from Distress to a Successful Exit
By Paul Gibbins on Jul 22, 2020 8:30:00 AM
The Journey from Distress to a Successful Exit Secantor was pleased to provide two expert speakers at the IOD South of England webinar "The Journey from Distress to a Successful Exit" on 21st July. Julia Branson highlighted the options for distressed companies looking for an insolvent exit while Tre …
Uncertainty Creates Opportunity
By Paul Gibbins on Apr 3, 2020 8:15:00 AM
Uncertainty Creates Opportunity Times don’t get much more uncertain than they are right now. Of course, the first business priority in our current climate is to safeguard your firm. But uncertainty also brings huge opportunities. We are seeing fantastic examples of this right now as UK businesses la …
10 life-saving actions for your business
By Paul Gibbins on Mar 23, 2020 9:00:00 AM
10 life-saving actions for your business It can be very lonely as a business owner / director in these uncertain times. We've developed the checklist below of essential short-term actions for Covid-19 business survival. Preserve cash by cutting and/or delaying costs – be bold but don’t terminate sta …