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Data-driven decision-making: sales, marketing and social media
In this series, we continue to look at how data-driven decisions sit at the heart of running a successful business in 2024. Today, we’re...
Optima
Feb 282 min read


Data-driven decision-making: cashflow and financial health
In this series, we continue to look at how data-driven decisions sit at the heart of running a successful business in 2024. Today, we’re...
Optima
Feb 282 min read


Taking on the family business legacy: becoming the successor.
Becoming the successor to the family business is a genuine honour. But taking over control of the family legacy, and taking the business...
Optima
Feb 282 min read


Dealing with uncertainty – tips for business owners
Inflation may be down but there’s still real uncertainty for business owners. We’ve been trading in challenging times for a number of...
Optima
Feb 212 min read


When should your business be passed to the next generation?
You’ve spent a lifetime building up your family business, growing the company and creating a lasting legacy for your nearest and...
Optima
Feb 212 min read


Forecasting: taking the guesswork out of your finance strategy.
As a business owner, it’s increasingly difficult to ride out the changing economic conditions and manage the financial ups and downs of...
Optima
Feb 212 min read


Cash flow and cost control
More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Revenue, profit and your...
Optima
Feb 143 min read


Should your small business adopt AI tools?
We’re living through what the World Economic Forum has called ‘The Fourth Industrial Revolution' , and artificial intelligence (AI)  is...
Optima
Feb 142 min read


Managing change in your business
Successfully implementing change in your business Research by Kotter International found that more than 70% of change projects within a...
Optima
Feb 144 min read


How to add value and secure your future when selling your business.
Selling up and exiting the business  is a major chapter in your business journey. But if you’re going to get the maximum return on...
Optima
Feb 72 min read


Planning for seasonal dips in income
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and...
Optima
Feb 73 min read


Using invoice finance to improve your cashflow and liquidity.
Liquid cash is what keeps you trading, growing and hitting your goals as a business. But sometimes, that access to ready cash can slip....
Optima
Feb 72 min read


Automation can ease your business workload
The average business owner needs an additional four hours in their working day to complete their admin, according to recent research by...
Optima
Jan 312 min read


What's happening with Making Tax Digital?
Keeping up to date with HMRC’s Making Tax Digital  initiative is important, whatever size business you run and however you currently...
Optima
Jan 312 min read


5 ways to improve the governance of your family business.
Running any kind of business is tough work. But when you add in the additional challenges of running a family business, things can begin...
Optima
Jan 312 min read


Key numbers to focus on in your business now
As a business owner, it’s never been more important to have a good grasp on your finances. For many businesses, priorities have changed,...
Optima
Jan 243 min read


Key ways to overcome rising costs and expenses
A recent survey showed a 24% rise in the cost of the average expense transaction for UK businesses , compared to pre-pandemic levels....
Optima
Jan 242 min read


Cash is not profit and vice versa
The purpose of a business is to make money, and that means you need to know the difference between profit and cash flow. Net profit is...
Optima
Jan 242 min read


The value of cashflow forecasting for your business
Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start...
Optima
Jan 172 min read


Join the Good Business Charter and become a force for good.
The Federation of Small Businesses (FSB) has recently partnered with The Good Business Foundation to adapt the [Good Business Charter]...
Optima
Jan 172 min read
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