SME businesses across Berkshire have been feeling the effects of the Credit Crunch for some time, with the difficult trading environment compounded by high energy and fuel costs, a freefalling property market and gradually...
The economy has been in recession for some time now. Consumers have been affected by large price fluctuations, with little chance of pay rises in the Private sector due to the increasing levels of unemployment, and worsening...
For several years now The FD Group has been working with small to medium sized businesses in the Thames Valley providing a finance director service to help these businesses improve their bottom line.
There are many ways...
As the credit crunch deepens and the economy begins to falter, many business owners out there may be thinking that they could use a little help on the finance side from an experienced Finance Director.
But how do you know...
Happy Employees equals More Profits: A simple equation, but one that many businesses find difficult to achieve in practice or actually choose to ignore says Trevor Wilson of The FD Group. "Since the Thames Valley is an area...
We regularly attend local networking meetings in The Thames Valley and at a recent meeting a survey was carried out amongst 25 local SMEs to identify their key tips to running a successful business.
We'd like to share...
Having worked with many SMEs over the years we're convinced that the majority of these businesses are actually under pricing their services and products. So why are so many owner/managers setting prices too low and how do...
A worrying trend we've encountered recently is that cash flow problems facing some SMEs are arising because owners are taking more cash out of the business than the business can afford. Why do some owners apparently act so...
The New Oxford English dictionary defines Strategy as ?A plan of action or policy designed to achieve a major or overall aim?
In our last newsletter we discussed two separate research projects by Harvard and Yale Universities....
"It is always wise to look ahead but difficult to look further than you can see"
These words by Sir Winston Churchill are stuck on our wall. They caught our attention in a magazine and still get us thinking each time we...
If you are managing a business that relies on one key client or one major supplier you have a significant potential risk. A time bomb waiting to explode. Ask yourself the question "Are all my eggs in one basket?"
Further...
Effective time management is often a major issue for many growing businesses but before you look for the answer in high tech computer programmes or efficiency experts, simply prioritising tasks can be the answer to time management...
It is extremely important that management has accurate, useful and timely management information upon which to make decisions. Unfortunately the level of information many businesses have at their disposal today is limited.
While...
In the lead up to Christmas, it is worth planning now to ensure your business doesn't fall into cash flow crisis over the holiday period.
Retail businesses apart, December is for many one of the worst sales months of the...