CMG Consulta are familiar with a number of funding schemes that are available for Maltese businesses (self-employed, SMEs and larger businesses) to tap into in order to get assistance for specific investment or projects that they could be embarking on. The discussion on schemes sometimes sounds confusing and daunting and CMG Consulta firstly understand what the client’s business needs and objectives are before actually embarking on an investigation of what funding can be applicable to the client in question. In considering funding, it is important to consider that what is important to the business is the strategy, future plans and objectives and not the funding. This means that the driving force of all discussions needs to be the business needs and direction with the funding following on once these have been established. It does not make sense, for example, to simply initiation a discussion on funding purely to tap the funds without being driven by the business’ direction.
Employees are a crucial element in running and growing many businesses. CMG Consulta work with the business owners and management to assess the current and future business needs and to develop a plan of action that the business can implement to achieve the required objectives. Owners and management face many challenges in this area particularly when considering aspects like what resources will be required in the future? What skills and aptitudes, will be required and how can the business start planning for their acquisition or growth today? The reality is that organisational structures, roles, and responsibilities need to support current and future business growth as well as to support the employee growth.
CMG Consulta help family business and SME owners to create a plan to structure the business in a shape that is not completely dependent on the owner. We help to create a clear space for owner’s children or other successors who want to work in the business as well as those who might simply inherit a portion of it. CMG Consulta works on the business to ensure that, once any shares are transferred, the business structure and the owners’ competence and preparedness to lead are all in place increasing the chances of a successful operation post succession.
CMG Consulta assist businesses to define themselves, understand what sets them apart from others, define what they should aspire to achieve and how they can organise and grow to get there. Strategic Growth Assistance gives businesses the tools to monitor and update the strategy over time. It also includes looking into preparing the company for investment and seeking external investors, should the need arise.
Businesses that are already in operation frequently require a bit of tuning or direction. They need to be optimised. Efficiency is the name of the game, and we help businesses streamline their workflows, review their business processes, and even digitise them. Many times, these exercises require business process re-engineering or business transformation projects, and they result in transformed businesses and business models. Business optimisation is just this.
CMG Consulta supports entrepreneurs in the process of taking an idea or concept, shaping it into a business, investigating its feasibility and even guiding on funding options. Setting up a business can be a challenging and daunting prospect. There are many different aspects that need to be considered, many risks to watch out for and a lot of uncertainty to navigate. Having said this, the voyage does not need to be intimidating and, with the correct guidance, analysis, and planning, it can be made less risky and more rewarding.
When business owners decide to exit the business and sell out, CMG Consulta help owners prepare the business for sale and even seek the purchasers. Selling a business is not as simple as placing a classified advert since there needs to be a process of defining what is for sale, what the required investor profile is and what the real value is to that investor profile. This definition and targeting the right investor are key to maintaining a fair price for the business and for ensuring that the business will have the smoothest of transitions with the introduction of the new investors.
A quick ‘health-check’ of a business’ status at a point in time where CMG Consulta review the key aspects of the business structure, setup, operation, and business model. The Business Status Assessment delivers a short and focused report of actions that the business should take in the short and medium term to reduce some costs, increase revenue, become more efficient or start preparing for achieving some long-term goals.