The Economist Intelligence Unit wrote a series of articles sponsored by Mazars focusing on five challenges facing SMEs venturing abroad for the first time:
You should never engage in negotiations for the sale of your business without preparation. To make this phase effective, get the necessary tools and surround yourself with qualified professionals.
Are you ready to advertise the sale of your company and start your prospection? Several options are available to you.
The preparation phase of selling your business is the first step towards a successful sale. Good planning will maximize the benefits and reduce the inherent risks.
Numerous studies have demonstrated the impact that the retirement of baby boomers will have on business succession. According to the Centre de transfert d’entreprise du Québec (CTEQ), more than 30,000 business owners will sell their business within the next 5 years and 55% of the transferors who have been contacted have no succession plan.
Selling your SME is a difficult decision that can sometimes trigger a long, complex and highly emotional process. Be prepared in order to maximize the benefits of your transaction.
The professional integration must be properly prepared, since the main goal after the new employee’s first day is to achieve a satisfactory level of productivity without delay. To do so, different practices will help you in this process.
When you are contemplating the purchase of a new asset, whether it is a new machine or the latest technology on the market, the line of credit is not the preferred financial instrument. Besides, your banker will let you know soon enough.
You have completed your hiring process; now is the time to plan the onboarding of your new team member.
Whether he is a foreperson, a supervisor or a team leader, the first-line manager plays an essential role in the company’s daily operations and is directly related to its overall business strategy.