by Tibor Mackor | May 13, 2020 | Business plans
SME leaders cannot just accept the current situation at face value they need to immediately begin looking ahead and planning for the future to make sure they’re prepared for what comes next—even if they have no idea what shape it will take. It may feel like a time to...
by Tibor Mackor | Nov 26, 2019 | Business plans
Succession planning should be an organised, ongoing process involving several people gathering, researching and evaluating information. The planning process should begin as soon as possible and involves several steps. Consultation All family members need to be made...
by Tibor Mackor | Feb 25, 2019 | Business plans
Business leaders have an important role in clarifying their vision for the business and engaging staff to live up to it. The result is happier customers who will be more inclined to purchase more from your business going forward. If you have none of these in place,...
by Tibor Mackor | Feb 18, 2019 | Business plans, Exit Strategies
Business succession planning involving family members can be tricky, especially when some family members can feel “left out”. What strategies do you have in place to overcome these and what level of learning do the “successors” need to be...
by Tibor Mackor | Feb 13, 2019 | Business plans, Exit Strategies
Business Freedom is achieved by improving profitability and increasing productivity. Have you achieved the correct combination in your business? When you get these combinations right, your business may be ready to sell. The value you obtain relates directly to the...
by Tibor Mackor | Jul 4, 2018 | Business plans, Finance & Accounting
“Why some Businesses Grow” Part 4 This week I will share with you about the importance of making sure there is sufficient capital available. By “Capital” I mean working capital or sufficient liquid funds to enable your business to operate. Improving your...
