SME Directors urged to review their own “Business File”
What does your business file say about your company? Does it recommend your company for credit and is that suitable for you business needs? More importantly, if a potential client checks you out, will they be impressed or will you lose potential business over it. This is the real danger and why directors should take some simple steps to ensure you know how your company is being portrayed to those you are trying to deal with.
UK Companies are “checked out” 5 times on average per year
Companies House makes your annual accounts available to any enquirer, giving that enquirer the opportunity to assess the strength of your business. A staggering 4.6 searches were processed through Companies House in 2006 and a further 5.4 Million processed through CRA’s. (Credit Reference Agencies like Equifax and Dun & Bradstreet)
4/6 Companies look poorer on paper than they should – make sure yours is not one of them Like you, most managing directors think their business file should look “ok”, after all they have not been sued and are making profits, but the reality is that most directors are shocked when they see how their own company is presented.
Penman urges all directors to review their “Business File” every time they file a new set of accounts. The best way of doing this is by setting up an appointment with your local Penman Business Advisor who will not only bring a copy of your business file and share this with you but is also expertly trained to help you ensure it shows your company to be as strong as it should be.
We provide this service at no cost to any mainland UK limited company as part of our networking strategy, so e-mail shaun@penmanstrategic.co.uk. and make sure your potential business partners are getting the right picture of your business.
Penman Strategic turns up the heat on Mentoring
Penman Strategic takes mentoring to a new level as Ray Warren of Monavis Limited joins our team of Advisors. Ray has a passion for helping people and organisations through the process of recognising the need for change and then effectively implementing that change.
With over 20 years of experience as an FD in large international businesses Ray has built up a superb commercial background. In that time he has also worked with small businesses providing advice on growth plans and steering them through tough times even including supporting them through administration and safely to the other side.
Ray runs his executive coaching practice which is aimed at providing both challenge and support. “I love seeing the MD’s eyes light up when they realise that their original business dream can still be achieved, its just about getting the goals down and then the plan to get there and that is where I come in, making sure the route to success is achievable and that it will happen.”
Penman Strategic alters the Status Quo in Wales
Penman Strategic is delighted to expand our coverage in the Welsh Region with Alan Cole of Quo Vadis Business Management Limited from Swansea joining the team. With over 30 years experience supportingMultinational Market Leading companies such as Sanyo and LG and having gained a comprehensive understanding of all business issues Alan will be the ideal business support manager to help businesses throughout Wales.
Alan brings a depth of experience in Sales and National Account Management, Supply Chain, Buying, Marketing (direct and branding) Television Advertising, Media Buying, Catalogue and Leaflet Production, Product Procurement and Demographic Targeting.
“I look forward to working with Penman Strategic as I will be able to add the depth of experience of the entire Penman organisation to that of my own to identify and satisfy the needs of our clients throughout the UK” – Alan Cole
Penman Strategic strengthens its Scottish Team
Penman Strategic was delighted to welcome Alistair Emslie of AM-Marketing who joins Penman’s Scottish team. Alistair is a true Marketing Professional with years of Big Company experience, experience that will be invaluable in helping Scottish business owners achieve their objectives.
Alistair joins Penman Strategic following a year with IBD Limited where he led IBD’s Academy service directed at small to medium sized organisations.
Stewart Milne of Penman comments that “Alistair from his extensive background with Companies like Scottish Telecom and household names like Argos and Carlsberg-Tetley has amassed a level of Marketing expertise not generally available to the owners of Small to Medium sized businesses and we will be working together to ensure that Scottish Companies are given every opportunity to benefit”
“You can always tell when a company gets its Marketing right, clients tend to be happy buying individuals – I am a firm believer that if opportunity does not knock, it is time to build a door!”