Why Businesses Fail to Sell

Why Businesses Fail to sell

Selling Failure 80% of all businesses that are for sale never get sold.  And the main reason why businesses fail to sell is, most business owners do not have the knowledge or experience of the sale process. A lack of appropriate information means they are poorly prepared (i.e., not at all) and fall at one … Read more

Building Your Business So You Can Sell It (Podcast)

Building your business so you can sell it image

BUSINESS MENTOR UK PODCAST: PROFITS FIRST I was pleased to guest on the fantastic GROW MY ACCOUNTING PRACTICE PODCAST with Mike and Ron. Mike Michalowicz is the Co-Founder of Profit First Professionals and the author of Profit First. By his 35th birthday, Mike had founded and sold two multi-million-dollar companies. Confident that he had the … Read more

Introduction to Ownership Mindset

Christine Nicholson Value your business

Business owners think of the business in a way that no one else does, including the employees.  But how would it feel if your business had every employee acting and thinking as if they also owned the business?  Imagine igniting that passion and energy in everyone who comes to work every day.  Here’s how. This … Read more

When You Are In The Wrong Job….

Christine Nicholson - in the wrong job

Back in January 2016, listening to a keynote speech from the renowned author of the E-Myth book, Michael Gerber, I had a bit of an epiphany. Many entrepreneurs have such moments usually when they are in their day jobs, working for someone else and the light bulb that’s been in the back of their mind … Read more

How to Fix: My Cash Flow

CHRISTINE - FIX CASH FLOW

One question that seems to arise more often than any other is “How do I get a better grip of my cash flow?” Many business owners find controlling their cash flow a real challenge and think that it’s complicated or they need to be an accountant to understand it.  To get a grip of cash … Read more

Cash, crashes and cash flow

LBS x COE - cash crashes and cashflow

For any venture, cash is king. Run out of cash one day and the venture is dead the next day unless the founders are willing to max out credit cards, fire everyone or (not recommended) trade illegally. Yet many now successful founders have at one time or another run out of cash and still live … Read more

How to: Get More From Your Accountant

account and business owner

Bridging the gap between the business owner and their accountant I was recently interviewed by Melissa at the International Accounting Bulletin where I shared how I want accountants to get acquainted with what she refers to as the ‘C’ word to they can help their client more (not just talk about it).  Here’s the article.  … Read more

5 ways to forecast Brexit costs

Five Ways to Forecast Brexit

Where might hidden Brexit costs arise? From additional paperwork through to new legal requirements and supply chain risks, the impact of Brexit on UK business is wide-ranging, and can impact revenue in many ways. In this article, we will discuss the various hidden costs of Brexit, and how small businesses can plan ahead to minimise … Read more

3 Steps To Make Your Business Worth More And Enjoy Complete Peace Of Mind

Like death and taxes, a stone-cold certainty as a business owner is that someday, you’ll leave your business… and you can’t always know when. But you can make your business worth more! If you don’t plan your exit, bad things happen: for you, for your family, for your clients, for your employees, for your suppliers. For society, in … Read more

Business Mentor Case Study: Discovering Ideal Exit Options

Case Study

Case Study – Specialist Technical Services Company Getting Started Case Study introduction – Having established the business in 2012, the owners knew their business had reached a cross roads.  One shareholder was looking at retirement whilst the other “had another 20 years” in them.  But they didn’t know what options they had to enable one … Read more