View Why every business owner needs an exit strategy

Why every business owner needs an exit strategy

When you picture yourself in a room or building, having multiple available exits is not just a matter of convenience, it’s a matter of safety. The same applies to owning and running a business: establishing an exit strategy, a plan for eventually leaving and/or selling the business, is part of smart entrepreneurship, and lends a sense…

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View Why you really need a business mentor

Why you really need a business mentor

Industry analysts, consultants, employees, and good networking contacts can share their expert knowledge with you regarding particular situations and needs you may encounter. However, only a business mentor can truly share wisdom with you on an ongoing basis, and in a way that can have a direct, positive impact on the growth of your business…

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View Five tips for effective succession planning

Five tips for effective succession planning

Most people want to grow a business and sell it or retire at some point in time as well as take some capital value out in the process. Succession planning is therefore something that should always be on the agenda. Indeed, the older you get, proper succession planning becomes more and more necessary. Once you…

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View Planning your strategy for a smooth and efficient exit

Planning your strategy for a smooth and efficient exit

Every business owner will reach a point where they need to exit their business, and like most things in life, if this event is planned for, the outcome is more likely to be better than something that ‘just happens’. There is more than one way an owner may exit their business (e.g. via a trade…

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View 10 indications that prove you need a business growth advisor

10 indications that prove you need a business growth advisor

What exactly is a business advisor? In the world of sport, even the highest performers have a team of coaches, mentors, and advisors to help them get the best out of every aspect of their performance – strategy, tactics, skills, physical fitness, resilience and mental fitness. To perform at the very highest level in business,…

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View Understanding the Difference Between Growth and Scaling Up

Understanding the Difference Between Growth and Scaling Up

Many business owners would consider their business a success if they managed to achieve a consistent level of growth. But for entrepreneurs with their sights set on taking their business to the next level, it almost certainly requires they be able to achieve scale. Knowing the difference between growth and scaling up is the key…

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View What impact can an advisor have on your business?

What impact can an advisor have on your business?

Advisors empower entrepreneurs by providing perspective. Effective advisors can help small business owners evaluate ideas and unlock the aspirations they have for the business. The key is to find someone that can challenge your thinking, share the actions you’ve taken and be flexible about how the relationship evolves. Here are EFM Growth’s top tips around…

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View Profiting from Growth: Informed Funding Workshop | 25th Sept | 2pm – 5pm | Workspace’s The Leather Market

Profiting from Growth: Informed Funding Workshop | 25th Sept | 2pm – 5pm | Workspace’s The Leather Market

The narrative around Scale ups tends to be heavily focused on “Growth”- but unless Growth is converted to Profit at some point, what are you actually achieving? For the vast majority of companies, sustainable profits mean you can: Re-invest to expand (profitably!). Raise funds if required. Build a saleable asset. Generate greater personal financial returns than a…

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