Most business owners obsess over the wrong question when it comes to risk. They ask: ‘How do I control this?’. But you can’t control most of what threatens your business. Market shifts, late payments, supplier failures, economic downturns – these are largely outside...
When I speak with small business owners and early-stage founders, I often hear a sense of relief when their EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) is positive, possibly for the first time. ‘We’re profitable on paper!’ they say. ...
One of the things about business is that nothing stays still. Markets shift. Customer preferences evolve. Technology changes the rules. What worked brilliantly five years ago might be completely irrelevant today. This constant change keeps it interesting. But it makes...
