Business

Management buyouts: An attractive option for business owners looking to sell their company 

Selling a business is often viewed as a highly complex process, not least when trying to find the ideal buyer. This is why business owners should consider a management buyout (MBO) as an attractive succession option that can allow for an early and profitable exit from their business.   Why should I opt for an MBO?  …

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Highs and Lows Of Running A Family Business

In 2020, Oxford Economics estimated there were 4.8 family million businesses in the UK, making up 85.9% of all private sector businesses, employing 13.9 million workers, 51.5% of private sector employment.  Family run businesses can be extremely successful. The individuals know each other well and at least in the early days, they are all pulling …

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Salary or Dividend For Company Owners and Directors?

It has generally been the case that dividends have offered company owners and directors a cost effective and flexible remuneration option compared to a bonus or salary.  However, the gap between the two has narrowed more recently, and with the recent Corporation Tax rise from 19% flat rate to an upper rate of 25%, it …

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Culture Positivity For A Healthy Workplace

A positive culture is crucial for many reasons, including employee wellbeing and attracting and retaining staff.  A positive culture within an organization is essential for a variety of reasons, and its impact extends beyond just the well-being of employees. Some key reasons as to why a positive culture is crucial can come down to promoting …

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Customer Service For Profit

In today’s highly competitive business landscape, companies are constantly seeking new ways to differentiate themselves and gain a competitive edge. While various strategies and tactics can be employed to achieve this, one aspect that often stands out as a crucial factor in determining success is customer service. Providing exceptional customer service not only fosters positive …

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