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 think it is fair to say that, for many businesses, 2011 has not been the best of years. The recession has been long and hard. The recovery stills seems as distant and intangible as it did three years ago. In fact, the experts are saying that likelihood of a ‘double dip’ has increased and.. 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 →
‘Turnover is vanity, profit is sanity, but cash is reality’ I’m guessing that you’ve heard this phrase before – but what does it mean in the real world: Well, I’ve seen too many businesses spending their time chasing low-margin orders, giving larger discounts, extending terms – all in the misguided belief that such activities would.. read more →
Have you just been promoted to Finance Director? Or perhaps this is your career ambition for the future? If you’ve made it, then congratulations for completing your studies, and your training, and for landing your great new role. If you’re not there yet, then keep at it and you will make the grade in no.. read more →
So, I’ve been mowing the lawn this morning and it got me thinking: Nobody told each and every one of these blades of grass to grow so tall and green – they just did it – and what a great job they have done too! So why is it so difficult for a human being.. read more →
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Recent Posts
- 15 Jul 2012No Plan Survives First Contact With The Enemy
- 03 Jun 2012What is your kidnap fund? – The power of language
- 28 Apr 2012Company Valuation Methods – You Need to Plan Ahead
- 17 Nov 2011The Double-dip Failure Shortlist
- 01 Nov 2011Do you really need the cost and commitment of a full time finance director?