Many smaller businesses are originally set up with virtually every function depending on the owner/founder. This means that the owner also ends up being the main sales and business development person within the business. As they grow, these businesses may experience a rocky transition. This is especially true when building their sales teams and letting […]
We need to talk about something that’s been keeping many of us up at night: resource shortage and employee turnover. It’s one of the biggest challenges facing businesses today, and it’s not limited to any specific role, industry, or country—it’s a global phenomenon. This scarcity is creating a skills gap in our companies and presenting […]
Businesses operate in very dynamic environments and, as a Greek philosopher Heraclitus had said, “The only constant is change”. In order to keep up with change, to adapt to it and to actually be ahead of it, a business needs to tune itself to be as efficient as possible. This drive for business optimisation gives […]
Planning the future of your business can be scary. Looking ahead into the unknown and trying to guess what could happen is daunting, to say the least. Nevertheless, you still need to plan ahead, navigate the uncertainty, mitigate your risk and take informed decisions. Your business should grow into something that you love and enjoy. […]
Growing your business is an exciting time, but it can also be a stressful one. The biggest challenge you’ll face is managing the change that comes with increased size and complexity. If you’re serious about taking your business to the next level and growing beyond your wildest dreams, then here are some key points to […]
A business consultant can be a valuable asset to your small business. A consultant offers a unique perspective and helps small business owners set goals, create strategic plans, and improve efficiency. In addition, consultants can handle essential tasks for business owners, so they have more time to focus on other aspects of running their companies. […]
The last two years have been, to say the least challenging, for our businesses. A quick analysis of the environment in which they operate shows that work practices have been redefined. Following the Covid experience and the war in Ukraine, lack of employee availability has hit new levels, supply chain issues have directly and indirectly […]
The article below by Colin German of CMG Consulta was published on Life On Point (January 2022 issue). Click to read it. It’s the dream of many to start up a business. Whether inspired by one’s passion, triggered by the urge to address an existing problem or just an opportunity which happens to present […]
The Restart Scheme by Malta Enterprise aims “…to support those businesses which due to the effect of the pandemic had to terminate operations, by helping them access advisory services and providing a kick-start grant to help them restart operations.” The scheme works by enabling businesses who had to shut down or had significant downturn in […]
Malta Enterprise has launched the Investment Aid 2021 Scheme that aims “…to sustain the regional industrial and economic development of Malta. This measure facilitates initial investments by encouraging the setting up of new establishments as well as the expansion and development of existing businesses.” Supported initiatives should lead to new opportunities, additional employment, increased […]