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In late 2010 I was fortunate to meet Margaret, a Coffee and Tea Wholesaler, who wanted to grow her business. We set out a plan for the future which culminated in a 3 fold increase in sales within 3 years followed by an exit strategy by late 2014. By late 2013 Margaret had already achieved the target of increasing sales by 300% and the exit strategy was accelerated to 2014.
Key Business Strategies for Growing your Company So you’ve decided that 2014 is the year to grow your business. This is the year things are going to happen and take off. You’ve been watching the business news on television and the stories are starting to get more positive. More companies are reporting on [...]
Many companies over the lifetime of their business cycle will reach a situation where their business runs into trouble. It could be as a result of a severe economic downturn or it could be other causes such as increased competition, cash flow crisis, loss of key management personnel, an outdated business model or something as grass rooted as a lack of demand for your product or service.
All indicators from the year so far point towards 2014 being a better year for business owners. Small rises in GDP and property prices combined with lower unemployment rates are all welcome. However business owners are telling us that they need more than a slight economic recovery to get their business where they want it to be.
From 1 July 2014 small businesses throughout Ireland can apply for digital vouchers in helping their businesses trade online.
One in every four loans to Irish small and medium-sized businesses was in default at the end of last year, based on Central Bank's SME Market Report.
Getting Your Business Prepared For 2015! As we approach the end of the 2014 year now is a good time to start reflecting on how your business has performed this year and analysing where your business can improve into 2015. Did you achieve your financial targets for 2014? If not why not? Did your [...]
Let’s paint a picture. Your business appears to be going well overall. Revenue is good, new customers are flowing into the CRM system, you have won a number of local business awards and your company has grown in the last 2 years. All should be running smoothly but one nagging issue consistently pops up and [...]