Costs

The bottom line question: can you afford your Business Review ?  The simplistic answer is: can you afford not to ?  However, we are highly aware that smaller businesses have limited resources and have to spend their overhead budgets wisely, so here’s our final advice to anyone considering engaging an adviser like ourselves or incurring…

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In our previous post in this series we flagged that you may need to bring in outside experts to help with your Business Review, if you are the owner or leader of a smaller business.   First of all, here are some tips to avoid some common mistakes at this point:   If Its Free,…

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How to Conduct A Business Review

Having established why and when even smaller business owners and leaders should conduct Business Reviews, its time we explain the value and practicalities of planning Business Reviews well, rather than just jumping straight into the task. At this point its really tempting to ask: “can I just buy or copy something off the shelf that…

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When Should I Conduct a Business Review

In our previous post, we explained why even small business owners and leaders should conduct periodical Business Reviews to identify their growth opportunities, manage risks and increase the business’s value.  Now we will explore when Business Reviews should be undertaken. Businesses are like living creatures – in a sense, they are born, they mature, they…

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Why Conduct a Business Review

Let’s explain why business reviews are a good idea – even for small and medium sized enterprises (“SMEs”), although many smaller business owners and leaders might find that idea to be quite daunting.   Large organisations usually have more or less formal Business Review (or strategic review) structures in place, such as Board timetables, annual…

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