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It’s sometimes said that “A failure to plan is a plan for failure”. Many businesses have grown “organically”, a process in which a need in the market was identified, the business was started to fulfill that need, grew as customers needs were met, but often without much formal planning. A critical part of our service is helping to assess the future of a business and to assist in clarifying the goals and direction of the company and its owners.
Most owners of smaller business are experts in their fields. They have to be to survive, even for a short time. Being an expert in all of the administrative procedures is a very different matter however and many owners struggle with understanding what they have to do and when. Without this knowledge it’s easily possible to trade in contravention of legislation and compliance requirements, some of which have significant penalties that may apply.
As most business owners know, the economic situation, both nationally and local, is constantly changing. Not only do markets fluctuate between highs and lows in terms of activity, but demands from clients vary dramatically, compliance requirements and regulations alter, government policies change, employee performances vary and factors far beyond individual control ebb and flow. It’s a constant battle to stay in front, to stay profitable, even to stay in business control ebb and flow. It’s a constant battle to stay in front, to stay profitable, even to stay in business control ebb and flow. It’s a constant battle to stay in front, to stay profitable, even to stay in business control ebb and flow.
