Category: Business
Location, location, location
Choosing a business location is crucial for several reasons: Visibility and accessibility: The location of a business can significantly impact its visibility and accessibility ...
Benefits of buying your business premises.
Buying their premises can offer several benefits to businesses, including: Stability and control: Owning your premises provides stability and control over your business location. ...
How does inflation affect small business
Inflation can have various effects on small businesses, and these impacts can be both positive and negative. Here are some ways in which inflation ...
What is a buy-sell agreement?
A buy-sell agreement, also known as a buyout agreement, is a legal contract that outlines the terms and conditions under which the ownership interest ...
10 reasons to buy your business premises
Buying their premises can offer several benefits to businesses, including: Stability and control: Owning your premises provides stability and control over your business location. ...
Why should you get a business valuation?
Business valuations are the process of determining the economic value of a company or business. The valuation process involves analysing a wide range of ...
Key Factors Influencing Business Saleability
Financial performance: Revenue growth, profitability, and a well-maintained financial record can positively influence saleability. Market position: Brand reputation, customer base, a strong market presence, ...
Work on the business, not in it
The phrase "work on the business, not in it" comes from Michael E. Gerber's book, "The E-Myth Revisited." Its core message revolves around the ...
Measure and compare performance with benchmarking
Benchmarking is a systematic process organisations use to measure and compare their performance against that of their peers or industry leaders. The primary goal ...
Avoid underpaying employees
Underpaying employees occurs when workers are paid less than the minimum wage or are not provided with their correct entitlements and benefits as ...