Business Development

Business developent including business plans, finance people issues, MBO, shareholding, succession planning

What is Franchising?

on Franchising is where you license another company to be your presence in another geographical region.  There are a range of household names that are run as franchise businesses – McDonalds, Burger King, MR. Barbers, Snap-on tools and many more. It is very different from having a 3rd party manufacture for you, or having an agent Read More...

Financial Planning and Funding for Growth

on We are constantly hearing about the Government wanting to see SME’s grow their businesses, which in turn they believe will help grow the UK economy.  But what are the barriers to successful expansion, and why do some business owners struggle to expand to the levels they aspire to? The opportunity to grow your business presents Read More...

Understanding Gross Margins

on Many owners leave the figures to “The Finance Manager” and/or look at the amount that the business owes and what is owed to them because that is all they feel they need to know.  It may be hard to believe even today that many owners do not show a great deal of interest or really Read More...

Grants Available in Norfolk, Suffolk & Surrounding Areas

on 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...

What Comes First: The Strategy or the Goal?

on And where do the objectives fit in? A simple overview is that the business strategy is what connects goals with objectives.  Organisational leaders will work towards conceiving the strategies, identifying the supporting objectives that will direct the business to the principal company goal.  This strategy is required at the SME business unit level in order Read More...

How important is your relationship with your bank?

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...

How big should your company be?

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...

Planning for Succession

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...