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Poonam Kaur Interviewed on Northern Powerhouses – Business Success Stories Podcast
Poonam Kaur, CEO of fds, joins Chris Fordy at ActionCOACH on the Northern Powerhouses – Business Success Stories podcast. ActionCOACH assists Yorkshire business owners in growing their businesses, profits and wealth. The organisation coaches 17,000 businesses every year, delivering 1-2-1 business mentoring and coaching, group coaching and business training, and specialising in professional service firms […]
How to Protect Your Business Before Shareholder Issues Arise
When you first start a business, you and your fellow shareholders typically begin the journey in complete alignment. This includes a strong sense of trust in reaching your mutual goals, and, most importantly, everyone shares the same vision for your business’s future. This sense of harmony allows the initial partnership to be a strong foundation […]
The Importance of Protecting Your Business and Planning for The Future
Business owners typically spend years pouring their hearts and souls into creating their businesses. It becomes an integral part of their identity, and their emotions can become intertwined with the success of the one thing that has taken so much time, effort and care to build over the years. Due to this, business owners will […]
Selling Your Business: How to Know When the Time is Right
Selling your business can be a difficult thought to grapple with, and knowing when to sell your business can be extremely hard for business owners to determine. Doubts and worries around making the right choice are more typical than you might think, and many business owners simply require external reassurance that they are making the […]
The Next Chapter: Enhancing Succession Planning Through Employee Ownership
There comes a time when every business owner begins to think about their exit options. Considering that succession planning lays the foundations for a strong exit strategy, identifying and developing qualified individuals to fill crucial business roles allows for efficiency when the time comes to enter the next chapter. An employee-ownership trust effectively ensures smooth […]
Decoding A Company Valuation: When Is The Best Time to Assess Value
Understanding the true worth of your business can be a game-changer in your entrepreneurial journey- discover how a professional company valuation can open doors to new opportunities and strategic decisions. A company valuation is an exercise that results in a fair representation of a business’s worth. This valuation is generally based on the company’s financial […]
How to Know Which Exit Strategy is Right for Your Company
If you are a business owner, considering your business exit strategy can feel as though you are travelling into the unknown. After so many years of working your fingers to the bone to do all you can to ensure your business is a success. It’s only natural that you would feel overwhelmed by the number […]
The Importance of Professional Development in the Workplace
Director-level training and a general upskilling of the team can often be overlooked or considered a risk, especially if those key employees were to leave with their newly acquired skills. However, to ensure business growth, continuity, and employee progression, it is essential in the workplace. So, the question may be, is it worth investing in […]
Steps to Prepare a Business for Sale
The steps to prepare a business for sale may seem overwhelming at first, as selling your business can require a lot of resilience, patience, and initiative, not to mention an enormous amount of research. Before negotiations with a prospective buyer begin and the transaction is complete, hours are spent preparing your business for sale. The […]
Exploring Exit Options: Should I Sell My Business?
When considering exit options, business owners should take time away from the business to recharge and gain a fresh perspective on the position of their company. It is not uncommon for an owner-manager to return from vacation with a different outlook on their business and contemplate the idea of selling their company or at least […]
Business Exit Planning – An Introduction to a Feasibility Study
A feasibility study is a great place to start for business owners who are unsure of the best path they can take in regards to their business exit. With several exit routes and succession planning options available, it’s not unusual for business owners to feel overwhelmed by the question of whether the route they are […]
Evaluating Exit Options Through Feasibility Studies
Succession planning doesn’t have to be as cut-throat and relentless as the hit TV show made it out to be, but understanding your exit options and ensuring that your chosen route will deliver exactly what you hope to achieve can be a daunting process. A feasibility study can clearly outline the pros and cons, resulting […]