Welcome to the Spring issue of Business Adviser. In this issue we address:
When should a business be valued?
Valuing your business is crucial for understanding its worth and making informed decisions. But when is the right time to do it? This article outlines the six key moments when a valuation is essential.
Cashflow under pressure? Let’s do a business health check
Running a business often means juggling multiple responsibilities, and one of the most critical tasks is managing cash flow. A business health check can help manage these pressures effectively,
ensuring your business remains financially healthy.
Is the right to disconnect a legal right to ignore?
While it may seem standard to avoid taking personal calls, messages, or emails during work hours and set a similar boundary after work, this is only sometimes the case for many employees whose work responsibilities continue off the clock. This article addresses how businesses should approach the new Right to Disconnect laws.
Director liability for a company – how does it work?
As a director, your responsibilities don’t end when your company ceases trading. Even after a business stops operating or is deregistered, you may still be personally liable for certain obligations. This includes situations where the company has debts or becomes insolvent.
Strategic planning tips for business growth in the new year
As the end of the calendar year approaches, it’s the perfect time to reflect on your business’s progress and set the stage for growth. Strategic planning is essential to ensure your business thrives in the coming year. Here are five key considerations for your strategic plan.
The value of client retention: why its key for small business
As a small business owner, attracting new clients is likely high on your list of priorities. However, another side to the equation is just as crucial—retaining the clients you already have. Client retention plays a significant role in your business’s long-term success, and focusing on it can be a fi scally savvy move. Here’s why prioritising client retention can make a significant difference in your business and how you can improve retention rates.
Important: This is not advice. Clients should not act solely on the basis of the material contained in the Business Adviser. Items herein are general comments only and do not constitute or convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that our formal advice be sought before acting in any of the areas. Articles in Business Adviser are not to be republished or reproduced for further distribution without requesting permission from HLB Mann Judd.