Author Archives: cms@vivogroup.com.au

The keys to successful strategic planning for small business

“If you don’t know where you’re going, any road will get you there” In my view there are two major problems facing small business… Read More

My magnificent seven tips to improve Return on Capital Employed (ROCE)

So often we read or hear in the media about the latest fast-growing business. Everyone seems to focus on the growth of the business… Read More

Top five tips and traps for developing an effective succession plan

I’ve often been asked by clients to assist in a trade sale of their business or a sale or hand over to the next… Read More

Family business succession strategy – communication is the key

In over thirty years advising family businesses, the most successful succession plans I’ve seen have been the ones where there was solid stakeholder engagement… Read More

How to add thousands to your bottom line

Just like in our own household, waste costs the average family business tens if not hundreds of thousands of dollars every year. However, the… Read More

Three reasons businesses don’t have cash

There’s an old saying – profit is opinion, cash is fact. That’s because despite making a profit, some businesses still don’t have enough… Read More

Superannuation strategies: a comprehensive guide and tips for small business

For many small business owners, superannuation can be a confusing and complicated place. This needn’t be the case. It is best to break things… Read More

What are the main barriers to effective succession?

Barriers to succession I’m often intrigued when I read in the press about rather large family-owned businesses which are impacted by family and succession… Read More

Beginning at the end…9 step process for achieving your exit plan

In business management guru, Stephen Covey’s, best-selling book, The Seven Habits of Highly Effective People, beginning with the end in mind was a top… Read More

Use your customers to fund your business growth: debtor financing explained

One of the reasons businesses run out of cash – and generally go broke – is that they grow too fast. What a paradox… Read More