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Private companies performing well: is it time to embrace into a growth mindset?

Friday, 7th November 2014

Very few people question the important role that private companies play in contributing to the health and well-being of the nation. These businesses are responsible for more than 50% of GDP and 65% of new job creation so when they’re in good shape the nation is in good shape. The last 6 years have not been kind to small business but just maybe, things are getting better.

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Financing Growth – the easy way

Saturday, 1st November 2014

Is there such a thing as “Financing Growth – the easy way”? The term “easy way” highlights some important questions: 

  • To what extent does your ambition for the business require finance?
  • What amount and source of finance best meets your growth aspirations?
  • How do you make your business attractive for potential funders?
  • And, once the funding is in place how do you capitalise on the ‘personality’ that comes attached?

Ideally the easy way means creating a simple and practical process that allows businesses to answer these questions for themselves.

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Will he know what it’s about?

Monday, 27th October 2014

I don’t know about you but I really, really, really hate (do you feel the passion) being asked this question by a receptionist when I call a professional service provider and especially lawyers. It is never asked when I call my dentist, doctor, hardware store, garage or hairdresser. The reason for the question is so the “busy” professional can decide if he wants to talk to me.

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The importance of planning

Thursday, 2nd October 2014

It is easy to get carried away in the current “feel good” economic climate, after all most of the media have been quite positive with their headlines. Even myself last year was highlighting all the positive news especially through my Tweets. One of the positive forward looking key performance indicators I was watching at that time was the Baltic Dry Index. This is an index of freight sent by sea.

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Lloyds Bank and Formula 1 racing

Tuesday, 12th November 2013

Today it has been announced that Lloyds TSB has disposed of its investment in F1 team Marrussia. For those not overly familiar in motor racing, Morussia cars are the one’s that regularly get in the way of all the other drivers and always finish last. Since the team was formed in 2010 they have yet to win a single point in the annual 18 race series. In other words they shouldn’t really be on the track at all.

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Economic Growth

Tuesday, 5th November 2013

A recent survey published by the ICAEW has thrown up some interesting statistics. As many of you who have been following my tweets will know, I have been highlighting the raft of some really good economic news of late.

The survey, measuring business confidence, operating capacity, gross margins and employee numbers has highlighted that private companies are performing or are expecting to perform at a far better level than public companies.

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Cyprus and a cautionary tale

Wednesday, 3rd July 2013

Let’s start with a bit of history

February 1971 saw decimalisation of the pound – altogether a good move and one of the first steps to align us with membership of the European Club. Then on April Fools day in 1973 came the introduction of VAT – an invention of a Frenchman and yet another important step to harmonise the UK with Europe. Initially it was a very simple tax with a flat standard rate and a few important items that were zero rated. VAT was easy to collect as the burden rested with businesses.

Tagged: VAT Euro crisis

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