Whether you’re a business consultant or a company leader, it’s likely you’ve heard that share schemes are powerful drivers of business growth. To find out why, we’ve asked our partners at Vestd for their take on why share schemes can be good for the bottom line. But firstly, let’s start with the basics… What exactly is a share scheme? Think…
Traditionally, the expertise sought in the Non-Executive and Senior Business Advisory team is still mostly based around traditional skills of Finance, Marketing, Regulatory and Legal, SME, and Organisational Development. The value of data skills and its power to open up new businesses is still not fully understood and appreciated at the most senior level. While ‘Data Monetization’ is a term…
Small and medium-sized enterprises (SMEs) account for over 99% of all UK businesses and about 50% of all private-sector employment and turnover. Moreover, they are a key player in the UK’s economic growth and this is the reason the UK Department for International Trade (DIT) has prioritised them in its export action plan. DIT has acknowledged the challenge of problem-solving…
We had an interesting start to 2021 here at Boardroom Advisors, attending a variety of webinars, groups and listening to podcasts. Of particular interest was the clarity with which people spoke around engagement and culture, as if they had a secret that nobody else had discovered. The more we learn about engagement and culture, the more we realise that meaningful…
At Boardroom Advisors, we work extensively with entrepreneurs and business owners. That means we understand that for those people, their bottom line isn’t always the bottom line. They care about the long-term future of their businesses and the legacy they leave when they move on. Such considerations come into stark focus when it comes to succession planning. Company founders want…
The world changed in early 2020. There’s no getting away from it. The coronavirus pandemic has had – and continues to have – wide-reaching implications. That’s both for individuals and for businesses. Everyone is going to have to get used to what’s increasingly getting called the “new normal”. It’s critical, as a result, for organisations to evaluate their business strategy.…
Scaling up any startup or SME means that you already have a proven revenue model and have established product-market fit. People now are willing to pay for your products and services. Many businesses fail before even reaching this point. However, you’ll find out rather very quickly, that the problems you have encountered in the past are a far cry from…
You had a great idea and showed the fortitude needed to turn it into reality. That’s what got your business off the ground. Hard work, knowledge and instinct then ensured that you got things up and running. Now it’s time to grow. Scaling up a company in any industry or niche is a challenge. You have to find the right…
For many business owners, the sale of their business is a process that they are dreading. What should be the pinnacle of a business owner’s career can instead be a highly stressful time. It is for this reason that so many owners fail to prepare for the sale of their business. The irony is that by leaving it too late,…
The process of finding the right Directors for your board isn’t always easy. As you begin your search, ask yourself the following questions. Use your business plan as a guide. What are the goals you have set out to achieve, who can help you achieve them, and where can you find them? Which roles make sense to hire in-house, which…
