Your Social Media Plan Part 6: Budget
In the grand scheme of your social media plan for your business, your budget is an important consideration. A social media budget, just like your business plan, is a key document that outlines what you plan to spend on executing your social media strategy – this might be defined over a month or over a […]
Your Social Media Plan Part 5: Monitoring & Measuring
Once you’ve got your social media plan ready and a team prepared to action it, you want to ensure you monitor and measure the right metrics to see what works, and what doesn’t. Much of the early days of getting present on social media is a game of trial and error, especially if you’re a […]
Your Business Exit Strategy: Record Keeping
In the final installment of our ‘Planning Your Business Exit’ series, we’re taking a look at the importance of record keeping for your business, preparing your business both today and in future for a successful and smooth business exit. As a business owner, record keeping is a legal obligation to manage and keep track of […]
Sale Ready Part 4: Gap Analysis
Improving your business should be an ongoing process, not just something you do before selling. A gap analysis is a smart way to identify areas for improvement and optimize your operations. After all, knowledge is power, and knowing where your business stands allows you to make informed decisions. A gap analysis helps you identify where […]
Sale Ready Part 3: Questions to Get Ready to Sell
When getting ready to sell, diving in before ensuring your business is sale-ready is easy. Whether you’re selling for personal reasons or business growth, reflecting on your business’s readiness will streamline the process. To help, we’ve created essential questions to guide you before engaging a broker or professionals. Answering these will help confirm your business […]
Your Business Exit Strategy: Selling Your Business
Today, there’s more than one way of selling your business, and several options to identify and advertise to the right buyer. As always, there are a few considerations to keep in mind, which will be impacted by the speed at which you’re looking to sell, how particular you are about the buyer, and how much […]
Your Business Exit Strategy: Wealth Extraction and Obligations
Getting to the point of a smooth and successful business exit doesn’t start the minute the business goes live online. The process for a seller to achieve the best outcome for their sale is one that has continued across their business journey, in making their business viable and resilient, attracting the right kind of buyer […]
The Modern IT Department For Your Business
For almost all businesses in the modern world, it is so important to avoid the headaches of technical issues and have access to quality IT systems. Whether that’s managing website servers, making sure emails are working, or anywhere in between. Especially for small to medium size businesses without dedicated IT departments, where the person […]
Your Social Media Plan Part 4: Create Your Social Media Team
Like so many areas of running the business, the people who are executing your strategy are essential to its success, and this is especially true in a specialised domain like social media. In an industry where social media roles are always adapting, growing and changing according to new platforms, trends and ways of working, your social […]
Financing A Business Purchase – Everything You Need To Know
Financing a business purchase