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Posts under ‘Business’

Peer to peer Mentoring for Family Business Success

By the Academy Team “Family Businesses have special requirements,” says family business expert Peter Leach about a special event on Wednesday 18th April, 2012 which is being co hosted by Peter Leach LLP and the Academy for Chief Executives. “Psychologically family businesses are complex systems. Decisions are jointly made and it is more difficult to […]

“Succeeding mightily” as a Family that Works Together

By Andrew B Morris, CEO of the Academy for Chief Executives All family businesses need something to ‘glue’ them together. In my case it was the vision and cleverness of my Dad who founded the business and then ensured that all five of his sons entered the business and worked well together. After a couple […]

Family Businesses are Special….

By Peter Leach and Alexandra Sharpe, Partners at Peter Leach LLP In the current challenging economic climate, times are tough for the majority of Businesses out there. The outlook appears gloomy. However, taking a look at the family business sector, which creates an estimated 70% to 90% of global GDP annually, you might find a […]

The Grit and the Pearl – by Jo Haigh

One of our natural and most beautiful gems is formed when an individual grain of sand infiltrates an oyster. This irritant is dealt with not by expulsion but rather a patient approach of layering the grit with a white substance that relieves the irritation, allowing the pearl (something that is then highly regarded) to be […]

2012: Small is Flexible

– By Andrew B Morris Our members have told us that small is beautiful – that they are far more able to adapt and thrive, reacting more flexibly to market conditions. So 2012 can be seen as a chance to grow and enjoy running our businesses. Given the economic conditions as we approach 2012, it appears […]

10 Top Tips to Survive and Thrive – by Andrew B Morris

Cash is king. Preserve it and use it wisely. A simple method is to measure weekly or monthly cash in and cash out of your business. Make sure your invoicing and cash collection is working effectively. Supplier management Reduce stock, improve supply lines, review all your Direct debits, check that you are getting three quotes […]

Moving Forward with Confidence through Testing Times – by Andrew B Morris

This month we look at the outlook for businesses as we enter the final quarter of 2011 and finalise planning for 2012. I think we can safely say that we live in ‘interesting times’. It might be better to live in more predictable times but it is not our fate to do so. We need […]

Selling your business (or how to handle the 2nd most important business event of your life!) – by Howard Leigh

The sale of your business will probably be the second most important business event you need to get right, the first being starting your business. You can never start too early to plan to sell a business. Some people start the planning even before they have started the actual business! Accordingly, they want to create […]

Selling Your Business? – Some advice from someone who’s been there … by David Noble

I sold my insurance broking business in 2009 when my partner decided it was time to exit. Having no previous experience and very little knowledge in this area I was grateful to the Academy for Chief Executives (ACE) for the support and advice I received throughout the process. From my own experience these are my […]

Exiting your business – what you should know (including how to maximise profit!) … by Simon Lester

Planning a successful exit … or put another way “Taking the fastest route to the biggest profit with the least resistance!” Most business owners have plans to exit their business at some point and there are many elements that combine to ensure a successful exit. Grooming the business for sales is obviously paramount, but in […]