Posts In Category

Finance, Governance & Control

Business StrategyFinance, Governance & Control

Last month MD2MD asked a number of local business leaders to come and talk to its’ members on how businesses are viewed by external financial and commercial professionals. We were delighted to welcome Dr Mike Sweeting of BCMS/Acquisitions International, who spoke to the group about how an acquirer may assess and value their business. Mike shared from his experience on

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Finance, Governance & ControlOperations & Quality

A guest blog by Graeme Freeman of  Freeman Clarke.  Freeman Clarke provide Fractional IT Directors.  If you want an independent, experienced IT director on your team for a few days per month then contact them and they’ll be pleased to help. We work with a wide range of SMEs of different sizes and in different sectors. Each client is unique, but

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Business StrategyFinance, Governance & ControlOperations & Quality

One challenge facing Managing Directors running SMEs today is managing the businesses Information Systems (IS) and it’s Information Techology (IT) and it’s Communications infrastructure.  The three are sometimes conjoined and referred to as ICT, especially in the Public Sector. And nowadays the complexity includes Mobile phones Smartphones and Tablets as well as all things that might sometimes be referred to as Computers, Telecommunications,

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Business StrategyFinance, Governance & Control

One of the many insightful speakers we’ve seen at MD2MD in the last few years is Jo Haigh. Not only does Jo make the potentially boring subject of director responsibilities entertaining, she has great depth of knowledge and anecdotes to share too.  Inthis guest blog she illustrates in her typically entertaining way the importance of a diverse board. If only it were

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Effective managementEntrepreneurial ambition & growthFinance, Governance & Control

In the past I have described myself as a coach, a mentor, an advisor a consultant and a non executive director.  And I’m sure others have called me lots of other things!  But what is the difference between these roles? Firstly let me make clear, I don’t intend this article to be about rigorous theoretical academic definitions.  Instead my intent

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Effective managementFinance, Governance & ControlOperations & QualityStaff & teams

Defining roles can be tricky, yet as I’ve explained elsewhere role clarity is important if staff are to perform at their best and not spend time treading on each others’ toes or leaving activities and functions not done. Personally I am NOT a fan of traditional job descriptions that tend to describe the activities of the job – what you need

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Entrepreneurial ambition & growthFinance, Governance & Control

A guest blog by Everyman Legal, the  Ownership Transition Specialists.  Introduction  For many owner-managers the question of how and when they will retire from the companies they have set up, is never answered.  This all too frequently results in a hasty sale by an owner suffering from ill-health or the family of an owner having the unenviable task of selling the

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Effective managementFinance, Governance & ControlOperations & Quality

One of the challenges I find many leaders discover as they grow their business is the way they need to change the way they manage their people. In the early days, most entrepreneurs work to what I’d call the assistant model.  ‘I’m busy – I’ll take on someone to help me.  They can do anything I’m too busy to do’.

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Business StrategyEntrepreneurial ambition & growthFinance, Governance & Control

LeaderFest 2013 panelist Jackie Lee shares her view of the process of selling a business. These are her suggested steps (this is not exhaustive and only based on her personal experience of her own deal): 1.       Identify M&A professionals/Corporate Finance Houses of a suitable size to be interested in your business (very prestigious firms will only look at very prestigious deals!) and

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Business StrategyEntrepreneurial ambition & growthFinance, Governance & Control

Jackie Lee, former owner of the Dolls House Emporium spoke at LeaderFest 2103 at Pinewood Studios and shared these tips based on her own experience of selling her business. Start with the end in mind Professionals in the Mergers and acquisitons field (I assume) lay out their plan of when the EBITDA reaches £X will be the right time to sell.  Owner-managers

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