Malta is experiencing remarkable population growth due to the influx of foreign workers mainly being third country nationals. The number of actual Maltese people in the workforce is dwindling due to more Maltese people reaching retirement age than new Maltese nationals joining the workforce. In parallel, the Maltese economy has continued to grow resulting in […]
Change has become constant and faster than ever before. As we stand on the cusp of 2025, businesses face a landscape of unprecedented challenges and opportunities, demanding a new level of adaptability and foresight to navigate the complexities of a rapidly evolving global marketplace. Here we present 9 key factors that businesses should consider in […]
As we wrap up 2024, it’s clear that this year has been a rollercoaster for many businesses. Through all these challenges, we at CMG Consulta have had the opportunity to work with a lot of amazing businesses, helping them tackle their issues and set themselves up for success. Let’s take a moment to reflect on […]
Sales are the lifeblood of a business. Without a strong sales strategy, even the most innovative products or services can struggle to gain traction in the marketplace. Reaching out to potential customers is a challenging and often complex task, but it is an essential necessity for the survival and growth of most businesses. This post […]
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 […]
Selling a business is a significant decision that requires careful planning and consideration. Before proceeding with the sale, business owners should evaluate various aspects to ensure a smooth transition and maximize the value of their business. In this article, we will outline key considerations to keep in mind when preparing to put your business up […]
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 […]
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 […]
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 […]