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 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 […]
We experience many company sales being initiated by an owner who, for whatever reason, wants to immediately sell their business or, conversely, by an unexpected external party making an offer for the business. In both scenarios, the buyer has the upper hand in negotiations, leaving the seller at a disadvantage. This is because the business […]
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 […]
Running a business can be extremely rewarding but it’s not always easy! There are so many uncertainties that make doubts creep into your decision making. After all, you’re only human. It’s only natural to doubt yourself at times. With nobody to bounce ideas off and no idea who to ask for advice, it can be […]
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 by Colin German of CMG Consulta was published on the BCS Portal (January 2022). Click to read it. Technology has become a crucial factor that many businesses depend on in order to carry out their daily operations, to gain competitive advantage and to grow. Through our work with businesses we encounter many situations where […]
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 […]