What comes first, the Strategy or the goal? And where do the objectives fit in? Business strategy connects the goals with the objectives. Strategy at the SME business unit level is concerned with competing successfully in individual markets, and it addresses the question, “How do we win in this market?” The organisation’s leaders work towards Read More...on
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WLP is a UK business consultancy service that has enjoyed 25 successful years of helping business grow.
Businesses don’t always have the funds required to support their sustainability and growth. Whether it’s for new equipment, the training of staff or for a strategic growth project, there ARE limited sources of grant funding available to businesses in Norfolk, Suffolk and the surrounding areas. At WLP, we know and understand just how crucial grants could be Read More...on
Since the financial crisis of 2008, the way in which your bank interacts with you has probably changed considerably. It is increasingly important to prepare for such meetings in order to access their advice and financial support when needed. Unless you are lucky enough to have a long-standing relationship with an experienced bank manager, it Read More...on
As companies grow and employ more staff, the dynamics change. Everything is different when there are 25 employees as opposed to 6. In the dot com era, the fast growing companies that were spinouts from large companies really enjoyed their freedom to act. Then, as they grew, they found the maximum number of employees they Read More...on
Whether you own a business or are the key person in that business, at some point you will either retire or an unexpected event may prevent you from performing your duties. It’s vital to be prepared for when that day happens. Having aided the improvement, growth and succession of businesses for over 25 years, we Read More...on
Benford’s Law – first stated in 1938 by the physicist Frank Benford – is extremely useful for detecting anomalies in tabulated data. According to Benford’s Law, the leading significant digit in many naturally occurring collections of numbers – especially numbers which consist of several digits – will almost certainly be small. With that in mind, Read More...on
After years of blood, sweat and tears building up your business, it’s no wonder that the issue of what happens after you leave is a tough one to figure out. While you may be ready to retire or withdraw so you can enjoy the fruits of your labour, the question of who will succeed you Read More...on
Changes at the top of any company can have seismic implications – not least for those striving to be part of the business succession plan. If you are a senior manager this is your opportunity to discover if there is a place for you to move up to become an owner of the company. However, Read More...on
It’s a great moment in any company’s story when the business has started to generate enough cash to start reducing your debt. It’s also a pivotal moment because the steps you take next could be crucial in the continued success of your firm. So how do you navigate the tricky terrain of debt repayment when Read More...on
When you have been the driving force in your own business, it’s hard to imagine taking your hands off the wheel, let alone getting out of the thing altogether. But that’s what must happen when you retire – so how does this journey continue without you? It’s crucial to be prepared and get your thoughts in order Read More...on