How accreditation benefits businesses
Industry accreditation is independent recognition that an organisation meets the requirements of governing industry standards. It is a formal recognition process in which businesses meet predefined criteria and quality standards assessed by an independent accreditation body. Having accreditation as a business provides confidence to customers of the quality, competence, safety and reliability of their accredited […]
Business Property Relief (BPR) and how it can help save Inheritance Tax
Business Property Relief (BPR) in the UK is a valuable tax relief designed to support business owners and their families by reducing the burden of Inheritance Tax (IHT). Under Inheritance Tax Act 1984, BPR allows qualifying business assets to be passed on free from IHT either during one’s lifetime or upon death. This relief plays […]
How to find a buyer for my business?
Finding a buyer for your business is a bit like trying to find a buyer for your house. One option is to use an agent. However unlike estate agents, most business sales agents want money up front with no guarantee of success. I often work with family-owned businesses when it is the children of the […]
What Does It Mean To Thrive?
We often hear the word ‘thriving’ but have you ever stopped to consider what it really means, or whether it applies to you? The dictionary definition of ‘thrive’ is ‘to prosper, be fortunate or successful’ and also ‘to grow or develop vigorously; flourish’. In coaching terms, thriving is all about working on your self-development, personal […]
Red Flags In Credit Control
There has been much discussion recently in credit industry events and forums I have attended about tell-tale signs to look out for if any of your customers are experiencing financial problems, which will ultimately impact payment of your invoices. It is vital not to overlook these as if you delay taking appropriate action you may […]
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? […]
