Businesses are dynamic and, as the Greek philosopher Heraclitus is claimed to have said, “The only constant is change”. As your business is evolving in a new strategic direction, it may be time to change your business model to align with this direction. Such alignment could initially help with survival but will eventually contribute towards […]
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 […]
An external view can help you improve your profit strategy by providing a fresh perspective and identifying new opportunities to increase revenue and reduce costs. Here are some specific ways an external view can help you improve your profit strategy: 1. Identify Untapped Revenue Streams An external consultant or expert can help you identify […]
As a business owner, you are likely very close to your business and its operations. While this can be an advantage in many ways, it can also make it difficult to see the bigger picture or to identify areas where your business may be falling short. Bringing in an external view of your business can […]
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. […]
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 Smart and Sustainable Investment Grant Scheme by Malta Enterprise focuses on helping enterprises transition to more digital and environmentally sustainable busness practices in order to grow, enhance competitiveness and improve sustainability of their activities. Eligibility Criteria Self-employed, partnerships and limited liability companies; The economic actiity operates from a licenced commercial property; This scheme falls […]
The Change to Grow Scheme by Malta Enterprise “… supports businesses kick-start transformation processes that lead to growth, sustainability, and optimised performance. The scope of this incentive is to support SMEs realign their business activity, restructure their employees, product and/or service portfolio, optimise the use of technology and embrace green technology and practices.” The scheme works […]
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 […]