Growth is determined by method and potential, rather than led by market conditions. And in an SME it is above all, linked to the goals of the Owner/Manager: their ability to be forward-thinking and to make the growth of the company the No. 1 objective from which all else flows. ANY SME IS CAPABLE OF …
Which SME has not dreamt of an annual growth of 20, 30 or even 40%? However, there are dangers with such a pace, the main one being to misjudge the « growth thresholds » at which the organisational structure, the teams and the daily work processes need to be adapted. Let’s explain: Whilst nobody wants stagnation or …
don’t try to fix stagnation by re-structuring: ORGANIsATIONAL PROBLEMS ARE MOST OFTEN solved by GROWTH. Some businesses are just coasting. This doesn’t mean that they are in a nose-dive, but simply that they are stagnating. Turnover is no longer improving, profitability is imperceptibly reducing, employees and the Owner/Manager are becoming demotivated (the two often go …
The franchise is not just the preserve of the big national brands! SMEs seeking growth are increasingly choosing this approach. And with ten, twenty or fifty franchisees carrying their products and their brand, they can grow quickly. You can gROW but you don’t necessarily need extra EMPLOYEES Franchising enables rapid and relatively safe development for the franchisor, …
After more than 20 years dedicated to improving SMEs, we can identify 3 powerful ways to increase the value of a company. Any potential buyer will want to know not only how much wealth the company has accumulated since its creation, but also, what its wealth creation potential is. The Owner/Manager cannot rewrite history, so if …
