Insights For Business
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WEATHERING THE STORM A GUIDE TO THRIVING IN RECESSION FOR PRIVATELY HELD BUSINESSES
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How do we navigate our way through economic turmoil? How do we ensure that our businesses continue to perform well and provide us with the ability to enjoy a full and rich life outside the workplace? How do we ensure that our businesses will in fact prosper, or at least be positioned to prosper, in the future?
To address these questions there are three key areas management must focus on to survive through a downturn, your valuable formula, operations and cash management. They are inter-related and ignoring any one of them can be detrimental to the long term survival of the business. This book offers a clear and concise way for a privately held business to re-examine itself, to identify the key elements of its success, to develop strategies for ensuring its survival during economic turmoil, and ultimately to build a plan for thriving in the present and the future.
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The most important demographic trend in the next decade across the developed world will be the ageing population. As the majority of SME owners belongs to this demographic, it is estimated that 50-70% will exit their business in the same period.
To achieve optimum sale value in this environment it is essential to have a plan. This booklet explains what business transition planning is all about, and necessary steps towards achieving successful business transition.
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Increasingly, local markets are becoming global markets and cross-border commerce is moving from a source of growth to a competitive necessity.Taking advantage of the opportunities offered by cross-border commerce is now within reach of any growth oriented business.
This booklet explains some of the factors driving the extent and nature of cross-border commerce, the threats it poses for SMEs, the opportunities, and how to harness them.
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