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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 →
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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 →
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 →