Having met a few entrepreneurs over the years, it is interesting to hear their views on planning. Some of which are quiet dismissive: What is the point of planning, something different always happens Planning just ties you down – these days you need to be quick to react and adaptable. Accountants plan – I’m an.. read more →
The thing about Entrepreneurs is that they are often the opposite of Accountants. I’ve never come across an Entrepreneur who said “I’ve got this great idea, but I need to optimise the working capital cycle before going ahead”. They just say “I’ve got a great idea” and then just go for it- leaving the accountants.. read more →
There comes a time in the life of many a small businesses when the owner wants out. There can be a variety of reasons; retirement, the call of a new opportunity or simply boredom. This is the point where the owner calls in his accountant and asks that dreaded question “How much is my business.. read more →
I couldn’t help but notice that Mothercare is in the news again with the BBC headline Mothercare reports loss after weak UK sales This time the business has posted a half-year loss of £81.4m, a like-for-like sales drop of 7%, and are launching a review of their UK business. Back in January of this year.. read more →
There is something has been bothering me for years now and, going by recent experience, it is still an issue. I’ve seen it on far too many occasions and I’ve seen how damaging it is to small-to-medium businesses across the country. It is crazy but it keeps happening over and over again. What I’m talking.. read more →
Like most people reading this, I’m a bit of a fan of Dragon’s Den. So I was pleased to see that last night (October 3rd) the BBC was running one of the spin-off programs – “How to Win in the Den”. This particular episode featured, amongst others, Ling of Ling Car Leasing fame. As I.. read more →
I attended an interesting Corporate Finance Workshop yesterday (the 27th September) run by Roffe Swayne as part of a Surrey Chamber of Commerce monthly series. The Title was ‘The Corporate Finance Transaction – Unplugged’ – a presentation and discussion around the various issues that arise before, during and after a corporate finance transaction, and was.. read more →
First of all, congratulations to Sue Acton at Bubble & Balm. Sue has successfully raised her full £75k target through Crowdcube. It is a brilliant achievement. To quote Crowdcube founder, Darren Westlake: “In the current climate with banks being risk averse, we are thrilled that Bubble & Balm has succeeded in getting vital growth investment.”.. read more →
The banks are in the news again. This time Barclays is being publicly berated for supposedly not paying enough tax. The headline on BBC Breakfast made reference to Barclay’s “Offshore tax arrangements” in a clear attempt to leverage the anti-bank feeling and grab attention. Online, in a more detailed story, the BBC did give a.. read more →
On the 9th February, the banks and the government signed a lending and bonus deal. Under Project Merlin, banks will lend about £190bn to businesses this year – including £76bn to small firms. There has been a lot of talk has been as to why it took so long to broker the deal. To answer.. read more →
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- 15 Jul 2012No Plan Survives First Contact With The Enemy
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- 01 Nov 2011Do you really need the cost and commitment of a full time finance director?