Category Archives: Entrepreneurship

Problems and the Power Within 2

Posted on July 13, 2021

Confrontation's third chair solution

Nobody likes confrontation. Actually, that’s not true, some people seem to seek out confrontations especially on social media. But generally, most people do not set out to create a confrontation in order to avoid the escalation; where feelings take over from logical thought and the slanging match or fight begins. Yet as a business solutions […]

Business Problem Definition

Posted on July 06, 2021

Business Problem Definition

Last week we looked at the need to first identify the business problem we wished to solve. This week it’s the next step of defining the problem clearly. Often people rush both these stages and are then surprised that the so-called solution does not have the desired effects. The Two Types of Business Problem The […]

Impending Boom, Beware Cashflow Pain

Posted on May 11, 2021

Booming sales avoid cashflow crisis

As we emerge from lockdown, with consumer confidence buoyed by vaccinations, for businesses there is a lurking threat. This is not a question of leadership, but of basic business management namely cashflow. Sunny Future First here’s the good news. The Bank of England is projecting the fastest economic growth rate for 70 years at 7.25%. […]

Ten Tips for Catastrophe Planning

Posted on March 30, 2020

catastrophe planning

For many smaller businesses coronavirus is a disaster. The welcome news last week was that the government was able to open a scheme for the self-employed as well as the existing schemes for limited companies. With all these schemes, there are some who will miss out; while others will be put off by the paperwork […]

The Danger of Big Ideas

Posted on January 15, 2020

Think big and small to win

Think big ideas and act big is the well-known motivating cry for entrepreneurs. This was useful when most start-ups were small and thought small and incremental. At that time, they were held back by their aspirations. Now there is a very real danger that the big dream is just that because it doesn’t have even […]

SMART Resolutions for 2020

Posted on January 06, 2020

SMART resolutions

A new year brings new goals for many in their life and business, but how many new year resolutions are truly SMART? SMART is a simple but incredibly effective acronym for any objective or new direction. So whatever aims you’ve set yourselves this January run SMART over them and make them more likely to be […]

Best Made Business Plans Flex and Evolve

Posted on October 29, 2019

Business plans

The old aphorism fail to plan, plan to fail is true in all walks of life. It is particularly true for business plans if you wish to survive and thrive long term. Plans provide structure and enable action towards common goals. By identifying key performance indicators, they permit measurement towards those aims and through understanding […]

Why Grow a Business?

Posted on March 12, 2019

Successful Strategic Plans

In these times of great political and economic uncertainty why would any sane Briton wish to grow their business? The answers are opportunity and discipline. Track back the biggest brands or successful companies and you’ll found that they were started at times of recession when the old assumptions on growth were being shaken. The most […]

Why Have a Business Strategy?

Posted on October 17, 2018

Aimed Business Strategy

The number of businesses that do not have a business strategy is startling. They survive based solely on their ability to cope with whatever is thrown at them. If they’re a rapidly growing business, then it’s not surprising when the lack of strategy leaves that growth unsupported. It’s only a matter of time until the […]

Why have a Strategy, a Case Study

Posted on October 16, 2018

Aimed Business Strategy

Despite over 30 years of positive promotion a large number of businesses do not have a business plan or strategy. Yet having a strategy enables the business to decide where it wants or needs to go. And then achieve that objective over a defined period. Just such a case was the CATS Faculty of the […]