There are many motivations behind setting up a business and in many cases the personal wealth of the owner-manager is tied up in the business, often for a long period of time. If the financial investment made by the business owner is to be recouped and hopefully significantly increased, careful consideration needs to be given […]
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You wouldn’t embark on a journey without first planning your destination and how to get there, and the same principles apply in business – as the old cliché goes ‘If you fail to plan, plan to fail’. Planning makes perfect It doesn’t matter how large or small your company is No matter the size of […]
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If businesses are expecting growth it is important for them to critically evaluate their growth strategy to ensure that they can cope with the anticipated changes – and therefore grow in a sustainable way. You are not alone The owner manager can often be a lonely role and when considering how best to position a […]
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The 16th century English philosopher, Francis Bacon, coined the phrase ‘Knowledge is Power’. Whilst some may consider it a cliché, the statement is just as true in 21st century business as it was during the English Renaissance. Without knowing what is happening within a business and knowing how to improve, leverage opportunities and grow, a […]
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Effective cash flow management can make it easier for SMEs to attract debt finance The latest Bank of England ‘Trends in Lending’ reports a decline in lending to UK businesses in the three months to May 2013; a contraction of around £4.5bn. Despite many lenders continuing to argue that demand for borrowing is somewhat muted, […]
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Is “Sell More, Earn More” a false economy? When you interact with SME business owners on a regular basis it’s inevitable that many of your conversations will focus on the performance of the business; and if you are engaging with ambitious business owners, you are likely to have heard the following assertion… …“If only we […]
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To maximise your return, plan carefully when selecting a part time executive. Mark Nicholls is Director of Tectona Partnership, a bespoke financial advisory service that delivers increased cash flows and profitability for growth ambitious SME’s. In recent years there has been an increasing trend towards the outsourcing of back office or non-critical services. At the same […]
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After many months of planning and development, we are pleased to launch the new Tectona Partnership website. We welcome feedback on both the design and content. You can do this by sending us an email from the contact page or email us on info@tectonapartnership.com.
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Business theory is all well and good, but do we all need a bit of serendipity to succeed? When you look for help to start up a business in the UK, you find a wealth of information and support from experts about marketing strategies, business plans, researching markets and trends, analysing data – a logical […]
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I wish to chronicle some of the interesting challenges that Mark Nicholls and I have faced in setting up a new business. Rather than use this medium to directly promote Tectona, I plan over the next few months to periodically describe some of the generic issues that new business owners face when getting started. We […]
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