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 […]
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 […]
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 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 […]