Entrepreneurs' Blog

Posts Tagged ‘RCapital

When setting up a business or buying into a business, it is important to decide from the start whether or not you aim to sell that business at some time in the future. If you do, then start preparing for the sale from the beginning. The prospect of sale should affect almost every decision that you make.

In our experience at RCapital there are three key areas of weakness among business owners: a lack of understanding of the meaning of cash flow management; a tendency towards over trading; a reluctance to ask for advice from those who have had practical business experience – until it’s too late.

All too often business failure takes business owners by surprise. You can still have large contracts in place but suddenly the cash dries up and your cash flow resembles the Sahara!

No one likes the ‘R’ word – redundancies, but sometimes they become a necessity if a business is to thrive and survive. The reasons, of course, are varied: businesses are bought, sold or merged; markets change; strategy changes, technology becomes ever more sophisticated. And sometimes things go wrong – business owners miss the warning signs and hit cash-flow problems.



  • Morgan Grage: I like this post, enjoyed this one regards for putting up. "No man is wise enough by himself." by Titus Maccius Plautus.
  • Derek: Brilliant article Bev, thanks for sharing. coincidentally the kilimamjaro example used is on my 2014 to do list! Ps thanks for the tips you gave me
  • jackson: thanks for your great article about developing your business idea to great business Jackson mutebi

About EBA

The Entrepreneurs' Business Academy is a unique and highly practical one stop resource for business owners and aspiring entrepreneurs, providing a range of courses , EVENTS and materials that give step-by-step guidance for entrepreneurs on their business journey. The EBA's courses have been put together by James Caan and Bev James MD of EBA and The Coaching Academy, and specifically designed to teach its participants the skills required to take an idea and turn it into a reality. Read more...

 

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