Aug 17, 2022 | Business, Cost Management, Finance
Considering buying a business? Analysing the financial documents of a potential acquisition enables a buyer and their team to work out whether the business is profitable and stable. Amidst all of the reports and numbers, one calculation vital for buyers to make is...
Aug 3, 2022 | Business, Cost Management, Finance, Management Accounts
Plenty of successful businesses practice management accounting because it allows them to base big business decisions on real-life data. Alongside other important financial documents like the balance sheet, P&L and cash flow statement, your management accounts...
Jul 20, 2022 | Business, Consultancy, Cost Management, Finance
Whether you’re buying or selling a business, understanding financial statements is crucial. Being able to adequately evaluate financial statements gives you a direct window into the financial health of a business. Many an inexperienced investor has fallen into...
Jul 6, 2022 | Business, Business Owner, Communication, Consultancy, Sales, Success
You made it through the first meeting alive! Congratulations. Knowing what to expect and preparing ahead of time meant you could get the information you needed from the other party. If it was a success, you will both feel satisfied and positive about the prospective...
Jun 21, 2022 | Business, Business Owner, Communication, Consultancy, Sales, Success
Business owners sell up for a variety of reasons. New opportunities arising elsewhere, retirement and capitalisation can all play a part. Whatever the reason, and whichever route to sale you chose, sellers will always reach the same daunting cornerstone. The first...
Jun 15, 2022 | Business, Business Owner, Consultancy, Disaster Recovery
Her Majesty’s recent Platinum Jubilee catapulted me back a whole decade. Picture the scene. It was May 31st 2012. I had recently signed the Sale and Purchase agreement for the sale of 90% of my first business. One of the main conditions of sale is for me look after...