Sooner or later the successful SME takes on a culture and definable identity and a ‘way of doing things’ that becomes part of it’s unique capabilities. If we suspend for the moment that a typical SME has been around for a while, it is interesting to see how this unique culture evolves or certainly revolves… Read more »

Is the Accounts Department Dead?

Traditionally Accounts Departments have tended to be stand alone departments and a bit of a mystery to the rest of the Organisation, data goes in and magically a set of numbers which are hotly disputed are churned out every month. Cheques are held up. Suppliers don’t get paid and Customers get upset because someone had… Read more »

Raising Capital in the small business

Accountants will always recite the Mantra that the cheapest form of finance is internally generated, however this article goes on to suggest that there are many aspects to simple fund raising. It is a function of three things • the fundamental uncertainty in trying to predict your business model • to what extent the business… Read more »

The SME IT Roadmap

Introduction Technology is seen as a key driver of knowledge Management and business processes. Most SMEs understand they will have to embrace IT, they probably do this as soon as an idea is hatched and the spreadsheets come out to prepare rudimentary business plans, throw in a word document and the odd Powerpoint presentation and… Read more »