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 […]
Businesses face a landscape of unprecedented challenges and opportunities. The pace of change has accelerated, and adaptability has become more critical than ever. Our article on Critical Business Factors to consider in 2025 outlined 9 factors that businesses should consider in the year. The first factor is Building Resilience and, in the current environment, building […]
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 […]
As we say goodbye to 2023, it’s crucial to recognise the numerous challenges businesses encountered and the resilience they demonstrated in overcoming them. Throughout the year, we observed a landscape marked by the pursuit of skilled professionals, expansion dilemmas, and the exploration of new markets. The Challenge of Talent Sourcing and Skill Expansion Businesses grappled […]
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 […]
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 […]