There are few things as exciting in business as planning and achieving growth. But it is a fine art, the reality is if you grow too fast then this will put pressure on your cash flow and can make your business vulnerable. Jonathan Cowan, Commercial Product Director for the Small Business Division at Sage UK explores the key areas business owners need to consider to prepare for growth, or indeed if growth is right for them at this time.
Continue reading
This article was written by Modwenna Rees-Mogg, founder and CEO of Pitching for Management and Angel News. The company matches senior executives seeking new roles with fast-growth businesses. The
Continue reading
Growth is about becoming the M of the SME; taking a grown up approach and thinking big. Growth isn’t always easy, even for fast growing SMEs. Getting the balance right between fast growth and long-term sustainability is a real challenge, as is recognising the right time to grow.
Continue reading
A changing economy is not all an SME should be concerned about. In order to be successful, businesses of all sizes need to understand their customers’ needs and, above all, demonstrate this understanding through delivering a service that not only meets, but exceeds their expectations. Therefore an insight into, and analysis of, consumer trends is critical in order to keep abreast of new ways in which consumers are running their lives and potentially interacting with your organisation. Not only will being aware of these trends enable you to react to changing demands, but you will be better equipped to forecast how particular products or services may be received.
Continue reading