by Henchards - Building Business Wealth | Sep 8, 2022 | news
Good practice tells us we should have business continuity plans so that in the event of some problem affecting the business we can continue trading with as little impact as possible. One of the scenarios in a good business continuity plan is to assess the consequences... 
by Henchards - Building Business Wealth | Aug 15, 2022 | news
Good practice tells us we should have business continuity plans so that in the event of a problem affecting the business we can continue trading with as little impact as possible. One of the scenarios in a good business continuity plan is to assess the consequences... 
by Henchards - Building Business Wealth | Aug 4, 2022 | news
Exit planning has many different connotations, it’s a very subjective phrase. For some, it provokes a sense of finality – a perceived ‘cliff edge’ of business ownership and involvement coming to an end. Contemplating the finish of what has hopefully been a successful... 
by Henchards - Building Business Wealth | Jul 20, 2022 | news
You may think an exit plan is all about selling your business. Not so; you can achieve a successful exit without a sale. That may seem a contradiction in terms, but your exit doesn’t mean you have to give up your ownership. As you contemplate your and your... 
by Henchards - Building Business Wealth | Jun 30, 2022 | news
In a consecutive number of weeks, three business owners presented the same challenge to us: I want to stop working in my business, but I want to retain my ownership. The three situations were different, but all shared the common thread of distinguishing between an... 
by Henchards - Building Business Wealth | May 23, 2022 | news
When talking with business owners about their future, one statement of the obvious is: at some point in the future you will no longer own this business. So why not plan for the best possible transition now? Your exit from your business can be a strategically planned,... 
by Henchards - Building Business Wealth | May 11, 2022 | news
Not many business owners have an exit plan. In fact, in our own experience, less than 10% do. So that kind of proves the point – if the majority don’t have an exit plan you don’t need one either. Take on the other hand less than 20% of business owners achieve the... 
by Henchards - Building Business Wealth | Apr 25, 2022 | news
You know that at some point you will no longer own or run your business – nothing contentious about that statement. You may not know quite how much you can influence how and when that will come about and therefore how well you and your family will be ready for... 
by Henchards - Building Business Wealth | Mar 29, 2022 | news
In April, we’re celebrating the 10th anniversary of our monthly business lunch. It doesn’t seem any time at all since we were setting out the idea to bring together business owners and create a relaxed, informal lunch event. We quickly settled on a formula and ten... 
by Henchards - Building Business Wealth | Feb 23, 2022 | news
When selling a house experts talk about ‘kerb appeal’ and in retail stores ‘window dressing’ is essential in attracting shoppers. In both cases the superficial objective is to make the house or shop contents look more appealing, but beyond that there are many...