Setting Financial and Compliance Goals for 2025

financial goals for SMEs

Content Directory The Importance of Goal Setting  Financial goals are crucial for business success. Whilst there may be one long-term over-arching goal, it’s important to break this down into smaller, achievable and actionable goals. For example, if an accountancy firm’s goal is to double profit within 5 years, what are the steps they need to […]

Takeaways for Businesses from 2024 and Preparing for 2025

Building a Marketing Strategy, Photo by Kindel Media

It’s been a year filled with highs and lows and more people than ever working to start their own businesses, gaining control of their careers and working towards financial freedom. However, it hasn’t been easy! So we’re asking the question… What can we learn from this year? We’ve spoken about a variety of topics all […]

How to Create a Marketing Strategy

A Marketing strategy is a must for any business. It will hold the details of how you expect to promote your business, nurture customers and reach the right audience. However, a marketing strategy can seem daunting because it’s such a crucial part of your business and it can seem like a lot when looking at […]

Business Software for Business Members: Exact Joins the CH4B Expert Partner Community

CH4B, we’re proud to announce our partnership with Exact, a leading provider of business software solutions. As a UK-based business membership community committed to supporting SMEs, this collaboration with Exact marks an exciting new chapter for us and our members. Founded in 1984, Exact was created to help businesses streamline their financial and operational processes. With a […]

The Role of Leadership in Business Resilience

With constant, unpredictable fluctuations in the economy and across industries, the need to embed business resilience principles has dramatically increased. COVID-19 demonstrated how quickly unexpected events can force us to adapt how we conduct business and how resilience can prevail through trying times and sudden challenges. One of the biggest drivers of resilience in a […]

Ensuring Diversity and Inclusivity in Business

Inclusivity in the workplace

Making sure that your business is open to diversity and remains inclusive to people from all backgrounds is imperative for businesses to get right. Diversity and Inclusivity (D&I) aren’t just a box to tick, it’s giving fair opportunities and opening the doors of career development to people from all backgrounds. D&I in your business gives […]

Setting your team up to succeed: How your systems and processes make this happen.

You’ve most likely invested a lot of time and resources in streamlining your client work delivery. You are using a CRM tool, and you are in a fortunate position where you don’t need a huge number of active clients. This means that it is all quite manageable, and everything should be organised, shouldn’t it? So […]

Strategic Planning: How to Set Goals and Achieve Them

Did you know that, according to Goal Setting Theory the process of setting a goal focuses an individual’s attention and effort on achieving a desired outcome? Key elements of effective goal setting include clarity, difficulty, commitment, feedback, and task complexity. Goal Setting Theory has been widely applied in various fields, including business. This makes setting […]

Top Tips For Tackling Late Payments

how to manage late payments

Late payments can have huge implications on the cash flow of SMEs. In today’s blog, we explore practical steps that businesses can take to avoid falling into a late payment trap.

Top Tips to Strengthen Your Year-End Strategy

As the summer season approaches, businesses have a unique opportunity in this quieter period to boost their sales and drive growth. Summer can be a great time to assess your direction and enhance your existing plans to really maximise opportunity leading up to the end of the year. Here are some effective tips to help you […]

2024 Election Manifestos: What does it mean for your SME?

With just 2 days to go, who will you cast your vote for, and what will it mean for your business?  The economic policies proposed by the major political parties will have significant implications for businesses across the UK. This blog examines how the pledges of Reform UK, the Labour Party, the Conservative Party, the […]

6 Steps for Data Privacy Compliance

data privacy compliance

With the recent fining of META for Data Breach making the headlines. We have created a handy guide showcasing our 6 steps for data privacy compliance. As data shifted to digital platforms, authorities recognised the importance of safeguarding it. Consequently, data privacy regulations were established to address cyber threats. Many businesses are now obligated to […]

The Essential Guide to Building a Positive Work Culture

positive work culture

The significance of a robust work culture cannot be overstated. Recognising that employees are not just workers, but the very backbone of the company, is crucial. As businesses evolve, so should their approach to maintaining an environment where employees are nurtured both personally and professionally.  This blog will help you define what work culture is, […]

Unlocking SME Success Through Workplace Wellbeing

Happy employees SME

Navigating the daily challenges of running an SME is no small feat, and the wellbeing of your team is crucial to your company’s performance and profitability.  Here, we explore five compelling reasons why fostering a positive workplace culture is indispensable:  Content Directory 1. Boosted productivity through happiness  It’s proven! A study by The University of […]

Leveraging Tendering for Sustainable Business Growth

In the quest for sustainable business growth, Small and Medium Enterprises (SMEs) in the UK face the challenge of finding effective strategies. Public sector tendering emerges as a promising solution, offering a pathway to new opportunities and expansion. This blog delves into the world of tendering, outlining how it can be a sustainable growth strategy […]

Top Tips for Growing Your Business

When growing a business, it’s necessary to learn how to grow it in a stable way, take care of automation, delegation and managing the risks that arise. This blog will go through some of the things to keep in mind as your business grows, along with some points you may not have thought about. Content […]

Why Should You Review Your Business Rates This Spring

small business office

As the flowers bloom and the weather warms, Spring marks a time of renewal and growth. It’s also an opportune moment for businesses to reassess their financial strategies and prepare for the year ahead. At Goodman Nash, as property auditors with 30 years of experience, we’re paying particular attention to the Spring Budget and anything […]

The 4 Fundamentals of Financial Planning from CH4B

Financial decisions made at an early stage can be the most important, as well as the most difficult so small and medium-sized enterprises (SMEs) must adopt a proactive approach to financial planning. 

11 Steps to Creating a Winning Sales Strategy [Free Template]

Building an effective sales strategy involves a combination of careful planning, understanding your target market and executing well-defined tactics. Content Directory:  1. What is a sales strategy? A sales strategy sets the direction your sales team will take to reach revenue targets by identifying target customers and selling channels, and then creating a sales process […]

Increasing Sales Through Effective Email Marketing: Free Email Template Guide

Blog Banner: Increasing Sales Through Effective Email Marketing

Are your emails lacking the visual punch needed to captivate your audience? It’s time to dive into the realm of email template design to skyrocket your engagement rates. In today’s fast-paced digital landscape, a well-crafted email can be the difference between lost opportunities and triumphant conversions. And we’ve got just the guide to help you […]

Seven Proven Strategies 4 Customer Retention

strategies for customer retention

According to Forbes – it’s up to 7 times more expensive to gain a new customer than it is to retain an existing one.

This is why customer retention is key to business growth

Strategy Implementation: A 6 Step Guide

While you may be confident in your strategic choices, the implementation phase is often neglected, leading to unpredictable outcomes. Failures in implementation are not necessarily due to flaws in the strategy itself but result from ineffective execution. Such shortcomings can hinder the realisation of strategic benefits, causing frustration and, ultimately, jeopardising the overall success of […]

4 Reasons You Need a Business Coach

Are you ready to unlock the full potential of your business? In the world of entrepreneurship, every step matters, and having the right guidance can be the game-changer. As SME business owners, you’re no stranger to the challenges that come with steering your venture through the ever-evolving landscape of commerce. That’s where a business coach […]

The Power of Purpose: Building a Strong Foundation for Small to Medium-Sized Businesses 

Blog Banner for The Power of Purpose: Building a Strong Foundation for Small to Medium-Sized Businesses 

In the fast-paced world of small to medium-sized businesses (SMEs), it’s easy to get caught up in the day-to-day operations and lose sight of the bigger picture. However, setting a clear purpose, crafting a compelling vision, and establishing core values are essential steps for business owners looking to build a resilient and successful business. In […]

Blog Banner for Nurturing Success: The Power of a Growth Mindset in Small to Medium-Sized Business Leadership 

Nurturing Success: The Power of a Growth Mindset in Small to Medium-Sized Business Leadership