Managing People Problems in Small Business: 6 Critical Solutions Managing people problems in small business is one of the most challenging aspects of running a company. As a mastermind facilitator for the past five years, I’ve seen how these challenges consistently impact business growth and create unnecessary stress. Let’s explore the six most common people […]
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Managing the Entrepreneur’s ‘Monkey Mind’: Strategies for Mental Well-Being As a business founder and owner, the journey can sometimes feel overwhelming, leading to a restless, unfocussed and scattered state of mind often referred to as the ‘monkey mind.’ This blog explores the mental health challenges faced by entrepreneurs and offers practical strategies to manage […]
Read More Exiting Your Business: Essential Questions to Get the Best Price The Freedom Fighters: Loyal Business Owners Who Are the Freedom Fighters? When exiting you may fall somewhere between being a serial entrepreneur moving onto your next challenge and simply closing down your business. For many owners of micro and small businesses there is only one […]
Read More Too many meetings… A long time ago in a previous life I went to loads of meetings. Corporate-type meetings – leadership team ones, departments ones, multiple project ones and even some off-site ones with the occasional over-nighter. I must admit some were a waste of time. Plus, on some days the meeting schedule controlled my […]
Read More Give me feedback……… Likes, views, comments, shares, customer surveys, buyer reviews. Even feedback when using a public toilet! But what about receiving feedback when you’re the business owner? Especially if you are sole business owner or director – you’re on your own. If you are a business owner how often do you ask members of […]
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Who’s The Boss? At the end of 2023 there were over five and a half million small businesses in the UK (with 0-49 employees) accounting for 99.9% private sector businesses. As a business owner I count myself and a large part of my network in this category, and work as an advisor with many business […]
Read More Owning your business Do you own a business or are you a business owner? Sounds a stupid question, playing with words. Yet there is meaning in my madness. When I first met Matt Driver, former owner of Mint IT in Wakefield, he was in the business owner camp. It was a title or role he […]
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Why is cash flow important? A long time ago I was a trainee accountant doing audits of all sorts of businesses. Sometimes I was allocated the audit of the trade debtors at the year end. I won’t bore you with all the audit procedures, but the schedule of debtors and aged debt report were always […]
Read More Selling your business? Sometimes you only get to do this once. It’s important to make sure you do it right. Lessons from selling my business Last month I shared a post on LinkedIn about an up-coming meeting of the Value Builder Board I co-chair with Martin Allison. One of our board members, Matt Driver, was […]
Read More The importance of Values in your business: He recruited enough accountants to have a 5-a-side football team! Many years ago, a MD of a print business recruited at least 5 different accountants / book-keepers to run his finance function. These were sequential appointments for the same role. I said to the MD that the common […]
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