Tick Tock: A surprising amount of work still to be done for SME Digitisation

The UK SME community still has a lot of digitisation work to do. And this time, the decision is being made for us. The way we submit our Tax and VAT returns in the UK is changing. As of 1 April 2019, maintaining and keeping paper records of financial transactions within businesses will no longer meet the legal requirements, which means that switching to digital record-keeping moves from being a "here's how to run your businesses efficiently" conversation to one which reads, "here's why you risk financial penalty if you don't".  The UK's HMRC has introduced the Making Tax Digital [...]

2018-11-01T09:31:12+00:00November 1st, 2018|News, RE:Focus, SME Growth|0 Comments

Trust in Takeovers: Putting the best foot forward past M&A

Merging anything can be complicated. And when the remit prompted by shareholders is to grow a business globally through a merger of equals, things can become especially sticky. For many, the Merger & Acquisition process fails because too much emphasis is put on the business, and the process of becoming one, that the human element (and the mammoth task of unifying cultures, leadership skill-sets, process) is completely overlooked. Defences build up, communication breaks down, the ink has hardly dried - and there's complete fall-out. In this blog, we look at a few things to think about when approaching any kind [...]

2018-10-23T09:16:51+00:00October 23rd, 2018|News, RE:Focus|Comments Off on Trust in Takeovers: Putting the best foot forward past M&A

3 business turnaround examples you’ve forgotten about

Business turnaround is all around us. The need for it, we mean.  The amount of businesses in distress far outweighs those demonstrating dramatic u-turns successfully. But turnaround does exist. And where any business in distress is looking for that 1 magic trick that will shift the downward trajectory back towards profit, for most successful turnaround stories - it was based on finding the right person, with the right amount of experience and courage, to try something that had never been done before. We share 3 stories of businesses who were on the brink of collapse - but through a lot [...]

2018-07-03T13:18:46+00:00July 3rd, 2018|News, RE:Focus|Comments Off on 3 business turnaround examples you’ve forgotten about

Innovating Business Models: Why business re:focus starts from the inside-out

We've often spoken about getting back to basics, when it comes to refocussing your business - and for many, that starts with an honest look at critical business systems and processes that may be holding you back, and stopping your team from being productive, engaged members of your business. Innovation is risk - we get that. You take a shot at something new, hoping it will work. Sometimes it does, and sometimes you learn a lesson that sets you on a path for even greater success, and sometimes you simply fall short of the mark that gives you the perfect [...]

2018-05-29T15:08:55+00:00May 29th, 2018|News, RE:Focus|Comments Off on Innovating Business Models: Why business re:focus starts from the inside-out

Continuous transformation: Why you need to develop a culture of evolution

We're all on a quest for the newest, best, slickest, most agile solution to our problems. And when the going gets tough, that's when the pressure mounts up to get something done, quickly, to move past the problem, and on towards capital gain. But a reactive approach to solving your problems is hardly the trick that's going to see you soar past your competitors, and gain market percentage. If anything, you'll find yourself staring at the now, thinking you've overcome something much bigger than it is, when in fact, you've probably just managed to get yourself even further behind than [...]

2018-05-08T09:23:51+00:00May 8th, 2018|News, RE:Focus|Comments Off on Continuous transformation: Why you need to develop a culture of evolution

Entrepreneur vs CEO: You’re probably not the same person.

Some startup entrepreneurs are just not meant to be CEOs *hushed silence* Stay with us for a second. We've watched this phenomenon for years. Excited founders of startups that have discovered a market-challenging idea, built that idea into a business, developed a strategic plan that sees that idea deliver great revenue results. The team is growing, the culture is great. And things are just hunky-dory. Not always. Unfortunately, the cold hard truth of the matter is that many startup founders simply do not encompass the skills (often derived from years of experience) and innate leadership qualities required of a solid, [...]

2018-04-17T15:39:19+00:00April 17th, 2018|News, RE:Focus, SME Growth|Comments Off on Entrepreneur vs CEO: You’re probably not the same person.

How to create a culture of curiosity

Small Children and puppies are curious things. They explore, quite often, without fear of consequence, something unknown - something new. They may be hesitant, but with encouragement and a little moral support, they test and grow their confidence as they taste something new, handle something different, and figure something out. And eventually - they discover their own individual approaches and, very often, surprise us with a new take on something that's been staring us in the face for years. There's a lot of talk about creating a culture of curiosity in the business place. We're being flooded with articles that [...]

2018-04-09T13:37:13+00:00April 9th, 2018|News, RE:Focus|Comments Off on How to create a culture of curiosity

3 Hacks to expose Innovation within your Business today

Innovation is whatever everyone wants, these days. Some are paying for it. Some are trying to create it themselves. Some are trying to reign it in, while some are trying to unearth hidden creativity. One thing is true – we all need it – and regardless of what business you’re in, and what market you’re trying to reach, we know that your clients want the best that their buck can afford. They want a confident, and stress-free purchase cycle without having to think about it, but knowing that it will deliver exactly what they’re after. And it’s up to you [...]

2018-03-26T14:29:00+00:00March 26th, 2018|News, RE:Focus|Comments Off on 3 Hacks to expose Innovation within your Business today

Are you getting the best from your Board?

For organisations that play home to a Board of Directors, you will know that your board's purpose is to jointly oversee the activities of your organisation. That means that while they are focussed on keeping things under prudent control, it is also their remit to, collectively, drive the business forward, with a strong focus on your organisation's commercial needs, an understanding of market fluctuations and establishing a vision and mission for your long-term strategy.  But they're also your principle agent of risk taking. Suffice to say, they do (and should) play a critical part in the overall success (or failure) of [...]

2018-03-22T12:56:56+00:00March 22nd, 2018|News, RE:Focus|Comments Off on Are you getting the best from your Board?

9 ways to uncover hidden revenue streams

The battle is real. Every company is fighting for survival - some already on the crest of a wave, and others just trying to hold on. But survival isn't the reason you started your business. Survival isn't the reason why you chose to lead your organisation. It might be where you find yourself today, but that's not the ideal you had for yourself, let alone your business. And so it comes as no surprise that as you focus on just making it through today, or tomorrow, the prospect of taking a step back and look at where it is you [...]

2018-03-13T09:37:05+00:00March 13th, 2018|News, RE:Focus|Comments Off on 9 ways to uncover hidden revenue streams
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