The traditional method for valuing a business is the multiplier, a mathematical equation that ‘should’ give you a realistic figure on what the business you are hoping to purchase is worth. Here it is below for reference: Net Profit...
In order to be an effective manager, you need to be able to lead by example and make a positive impact on your team – regardless of whether you manage five or 50 people. Here are some of the characteristics that all employees value in a manager...
Mergers and acquisitions (M&As) create huge potential for any business, expanding your customer base, gaining new staff with varied skillsets, and accessing funds for new development. They also help to reduce competition and can help with...
Business acquisitions are well-known for propelling forward a company’s growth and expanding its customer base. However, to complete an acquisition successfully, you need to have a strategy in place that will benefit your company. While there is no...
If you’ve finally come to the end of a merger or acquisition and are about to take charge of your latest purchase, don’t breathe a sigh of relief just yet. The first 30 days of a new acquisition are often the most stressful and...
There’s no doubting that the last 12 months have been tough on businesses and their employees alike across almost every single industry. With economic uncertainty, job losses and business closures happening all around us, it’s not...
When it comes to filling the senior ranks of your business, the benefits of pulling individuals from your internal talent pool really shouldn’t be ignored. As well as saving time and money on the recruitment process, you already have an in...
Keeping your team morale up and maintaining a positive working environment for staff goes hand-in-hand with a high standard of work your team produces and improved performance. Conversely, workplace negativity drains the energy from your...
As much as we try to separate work from our personal lives, difficult life events such as losing someone we care deeply about or going through a divorce and facing financial hardship can disrupt and affect our work lives. The coronavirus pandemic...
Successful leadership is a key skill for any entrepreneur. Whereas some people are natural-born leaders and can effortlessly take control of teams and projects, others have to develop the skills necessary for being a strong leader. To know what...