Laura Pye, Director, National Museums Liverpool

Posted by Liverpool and Sefton Chambers of Commerce

Fri 15th, Mar

Introduce yourself – name, where do you sit in the business, and what does the business do?

I am Laura Pye the Director of National Museums Liverpool. We run eight museums (Museum of Liverpool, World Museum, Walker Art Gallery, Merseyside Maritime Museum, Seized!, International Slavery Museum, Lady Lever Art Gallery and Sudley House) across the Liverpool City Region attracting over 3 million visitors a year.

What changes would you like to see to improve or develop your sector?

The museum sector is a great place to work and has changed a huge amount over the last 15 years. It’s much more business focused that it was and we are embracing new technology to engage new audiences which is great, but the diversity of our sector is still poor. Our audiences here in Liverpool are more representative than most museums but we still have a long way to go, and we are also working to diversify our workforce. At National Museums Liverpool we are striving to provide experiences that everyone can engage in, regardless of age, gender, race or class. I hope in 10 years’ time we are not still having this same discussion about lack of diversity in the sector.

What does a typical working day look like?

There is no such thing and that’s what I love about it. I could be working with colleagues on a new exhibition proposal, finding answers to staff suggestions, or meeting finance to plan our budgets. Currently we are working on an exciting new plan for the museums’ buildings on the Liverpool waterfront, and that has involved speaking to a lot of partner organisations and neighbours, to hear what they think.

What advice would you give your teenage self?

It gets easier and no one ever asks about your GCSE results. I am dyslexic and even today my GCSEs were the hardest thing I have done, I struggled to get the grade and just found it really hard work. I realised if I wanted to move on from the feeling of not being able to cope I had to accept I am dyslexic and find my own ways of dealing with it. At the time my D in English felt like the worst thing in the world, but I got the C I need 6 months later and now no one even asks what I got!

Where would we find you on your day off?

At the football or any other sporting event to be honest. I am a massive Tranmere Rovers fan and one of the best things about being back in Liverpool is I get to a lot more home games. I am also a big fan of American football and baseball and will give most sports a go, although I’m not a huge cricket fan. I love to travel as well, so I try and get to a sporting event in every place I visit.

What is the best advice you have been given in your career?

I have two: “Fake it until you make it and it never feels like you make it” and “Assume the best and not the worst of people” Both have been useful throughout my career, however hard they are to follow.

Why choose Liverpool City Region?

Where else? I have lived all over the country and only moved back to Liverpool last year. It was moving home for me so I guess that is always easier but it is also a great place to work. Culturally it is thriving and it’s great to be in a city which not only has such a strong cultural scene but where it’s valued by the city council as well. The wider business sector is supportive and Liverpool feels like a city which is going places. There are lots of new developments happening and lots of change still taking place but it also feels place that is comfortable and confident with who it is. It’s a friendly place to work and everyone is supportive and keen to work together for the benefit of the city region.

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Daniella Lawson, Area Sales Executive at Concept Defibrillators

Posted by Liverpool and Sefton Chambers of Commerce

Fri 08th, Mar

I am the area sales executive for the Liverpool area, we supply Automatic External Defibrillators to businesses throughout the UK for £1 a day! That’s right for £1 a day you can potentially save someone’s life or someone could save yours! We provide a peace of mind guarantee and a friendly professional service to all. It doesn’t matter the size of your company, we can accommodate everyone! 

What changes would you like to see to improve or develop your sector?

I would love for more focus to be drawn towards having Defibrillators in the workplace, knowing you can protect your staff, visitors or customers should they fall victim to a Cardiac Arrest and potentially save someone’s life. It’s just as important as having a fire extinguisher onsite in my opinion. They can both save a life, one is a legal requirement ones not. It just doesn’t sit right with me. 

What does a typical working day look like?

Every day is different - that makes every day interesting. I spend a lot of time networking, trying to get Defibrillators into everywhere I can. Visiting potential customers and focusing on social media to boost knowledge on Cardiac Arrests. I go home every day knowing I have done something for the community. It’s a great feeling. 

What advice would you give your teenage self?

Always smile - a smile can be the difference between building a good or bad relationship with a customer. 

Where would we find you on your day off?

At the stables with my horses & spending time with my beautiful 2 year old Charlie. 

What is the best advice you have been given in your career?

It doesn’t matter if your gender, age or nationality, the person with the best attitude, self-belief and personality will, come out on top.  

Why choose Liverpool City Region?

Liverpool is my home town, it thrives with different cultures and experiences. Liverpool is a town where you can belong, you are supported and everyone loves a good coffee & chat! It’s a town growing with new businesses and old businesses, but everyone works together to make the city a better place. 

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Author: Rob Allen, Managing Director, Commercial & Business Banking

Posted by Rob Allen

Managing Director, Commercial & Business Banking

Fri 01st, Mar

Business Banking Switch is a scheme that has been set up and designed to provide eligible customers with offers which are better than those normally available on the market if they switch their bank provider.

If you’re an eligible business customer with Royal Bank of Scotland or NatWest you may have heard about such an initiative.

The scheme will give up to 200,000 eligible customers a unique opportunity to choose from a range of exclusive offers to switch their business current account to a selection of participant banks.

If you are one of these customers you’ll get the chance to take advantage of these offers when Business Banking Switch launches on 25th February.

Why is it happening?

During the financial crisis RBS received support from the UK Government. As a result, to meet a European Commission (EC) directive on competition, the bank was required to divest several parts of its business.

This included Williams & Glyn – the name given to a portion of its UK Retail and SME banking business. However, following complications setting up Williams & Glyn as a standalone bank, Business Banking Switch was put in place as part of a broader package of measures to ensure the bank meets its obligations to the EC.

This means that RBS is taking the step of providing £350million to help a number of competitor banks to create bespoke offers that incentivise some of its SME customers to switch their accounts.

Eligibility

To take part in Business Banking Switch you must have a company turnover below £25 million, and be a customer who was due to transfer to Williams & Glyn. Essentially this is Royal Bank of Scotland SME customers based in England & Wales, as well as NatWest SME customers in Scotland and certain small business customers. If you’re one of these eligible customers you’ll have received a letter from the bank to let you know.

What banks can customers switch to?

As the overall aim of Business Banking Switch is to create more choice in the business banking market, the larger banks who currently dominate the market are not able to take part.

An independent body is managing the scheme and has confirmed that nine banks will have offers available from 25 February:

  • Arbuthnot Latham & Co. Ltd
  • Clydesdale & Yorkshire Bank
  • The Co-operative Bank
  • Hampden & Co
  • Handelsbanken
  • Metro Bank
  • Santander UK
  • Starling Bank
  • TSB

 

Comparing offers

Customers will be able use the dedicated websites below to view and compare offers from the participating banks.

If you’re a customer who is eligible for Business Banking Switch, the choice will be yours – and if you decide to switch your account, your business could benefit from the exclusive offers that will be available.

 

You can find out more by visiting the dedicated websites:

Royal Bank of Scotland: www.businessbankingswitch.rbs.co.uk 

NatWest: www.businessbankingswitch.natwest.com 

 

Author: Rob Allen, Managing Director, Commercial & Business Banking

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Posted by The PC Support Group

Mon 18th, Feb

An internet search on the business benefits of having happy employees throws up enough reading to last a lifetime! Hundreds of research projects tell the same story – that happy employees are great news for your business.

Happy employees stay longer, work smarter, are more committed, take more responsibility and are more productive and creative. They need less management, they support their colleagues - and customers love them because they provide better service because they’re, well, happy! In a nutshell, happy employees save you money, and make you money.

Did you know that flexible working tops the wishlist for employees working in UK SMEs? In a 2018 study by financial advisers Drewberry, 42% of respondents desired flexible working arrangements above any other employment benefit.

So, what does flexible working actually mean? Flexible working is working outside a normal working pattern which is typically in the same place each day during the same hours. Flexible working is a way to work that suits your employees’ needs and may suit your business needs too. 

Remote working is a type of flexible working which means working from anywhere and has become possible and a lot more common due to advances in IT.  With today’s technology, it’s never been easier to work away from the office – there’s a host of great, simple to use tools, such as Office 365, SharePoint, OneNote, Skype and many more – and, in the cloud, you can securely store and access everything you need to work 24/7.  In fact, remote working has resulted in 13% performance increase (Institute of Leadership & Management Research) – so it is a huge benefit to businesses.

So, if flexible working makes employees happy - and happy employees are golddust, there’s no time to lose! If you’re considering flexible and remote working arrangements for your people, what are the key things to consider? Here’s what we say when our customers ask us that very question:

  1. Firstly, prepare a business case examining the pros and cons, analysing the costs and benefits of implementing flexible working in your business
  2. Decide how much flexibility and remote working that you want to introduce and what suits your business. For example, remote working will probably suit a small, client-facing consultancy business more than a mid-sized manufacturer
  3. Talk to everyone who you think is interested, or would benefit from being able to work remotely. There isn’t a one size fits all strategy
  4. Communicate your decisions to all your staff
  5. If you’re concerned about losing control or visibility of your people, then set groundrules, times when they will be in the office or available electronically and, most importantly,  agree ways of measuring their productivity to ensure they meet their targets
  6. Talk to your IT support partner about the technology best suited for your needs, the most cost effective way of introducing it and the training available to make the most of it.

So, if you really want happy employees and would like to seriously consider successfully introducing or extending your flexible and remote working arrangements,  The PC Support Group  can help you.  Email us on info@pcsupportgroup.com , leave us a message here and we will call you straight back or call us on 03300 886116 for an informal and confidential chat.

https://www.pcsupportgroup.com/

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Carving a niche market through customisation, personalised detail, and social media

Posted by Liverpool John Moores University

Fri 08th, Feb

This is the third of a series of articles from the Liverpool Business School, Liverpool John Moores University, featuring contemporary issues for businesses.

Max McDonough, owner of Rawhide Custom (https://www.rawhidecustom.co.uk/) is a passionate manufacturer of leather goods in Liverpool, who is carving a niche in an extremely competitive industry. While studying for his law degree at Liverpool John Moores University in 2012 he became drawn to the manufacture of customised leather items that today include wallets, belts, lanyards, traveller notebook and card wallets, hip flasks, and dog collars.

Reflecting on those early days, he recognises that “it seemed a no-brainer to get into this industry, and take on the traditional stuffy, bloated leather goods market, where if you are not in in Knightsbridge in London with a fancy shop you’ve got no chance… Let’s do the things that they can’t, but we can by definition of size, attention to detail, and customer service.”

That focus on the customer is one of the key strengths of Max’s business, where he can provide unique, customised products in limited numbers, distinguishing him from competitors.

Max’s baptism of fire occurred while knocking on doors with a former business partner to procure customers. A visit to a Liverpool hotel provided a significant opportunity to manufacture hundreds of leather room key tags. This experience tested Max’s ability to adapt and cater for different customer needs.From the beginning, Max recognised the importance of social media and continues to look at ways to enhance his social media platforms, particularly highlighting the quality and symbolic value of his products: “I am using social media to document every little step… to get the word out there about things.” It certainly pays off as he receives international orders from enthusiastic individuals, such as one for a leather bag for a Mexican barman to store bar tools.

The combination of customisation, traditional manufacturing methods, personalised customer service, and social media helps convey very strong messages and interactions with consumers. To cater for individual tastes he uses a rigorous system of made-to-order, which helps to differentiate him from other, larger manufacturers, and allows him to gain competitive advantage. This fuels further orders and repeat sales.

Reflecting on the importance of social media for his business, Max also acknowledges the value of the reciprocity that this medium offers: “When I am sitting there, thinking that the cave man way of making leather products has never changed… that is really only true to a certain extent. Because without all the other things in the background, the customer would have never found the product and I would never have got the sale or had the feedback. The product would have been taken off the shelf and that would have been the end of it.”

Max McDonough has supported the Liverpool School of Business’s Business Management Program, conducting business presentations since 2016. Max’s engagement has not only benefitted students but also allowed his business to gain exposure, and in the process help him expand and widen his customer base. The team has also worked with Max to map a number of business development options, innovation and expanding his product mix.

The research team, Dr Abel D. Alonso, Dr Seng Kok, and Dr Seamus O’Brien, have completed a range of projects nationally and internationally (Western Europe, Oceania, Latin America) since 2006. Their research predominantly focuses on family, micro and small businesses in the areas of international business, innovation, socioeconomic development, and sustainability. For more information contact: a.alonso@ljmu.ac.uk

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Peter Taaffe, Managing Partner at Liverpool-based accountancy firm BWM

Posted by Liverpool and Sefton Chambers of Commerce

Fri 08th, Feb

What changes could improve or develop your sector?

We have invested huge time and resource in embracing new technology in digital accounting to help our business and our clients. I want to see those advances continue as I have seen how they can free up our clients’ time to allow entrepreneurs do the things they do best.

What does your typical working day look like?

One of the best things about my role is how incredibly varied it can be. I spend a lot of time speaking to clients as well as their other professional advisers, such as their lawyers and investment managers, usually in Liverpool but often in London or abroad. I also interact with our own team as much as I can. I am a frequent networker, too, although sometimes I’m a bit frazzled by the end of the day. Often at my side is my ‘labradoodle’ Emer. She is a wonderful companion and doesn’t care about office work!

Where would we find you on your day off?

I love what I do because I interact with such a wide variety of interesting people. But, like most people, I love to switch off and find some silence and solitude. We have a family cottage in the Dales. There is no broadband and it’s well-stocked with wine - it is a little piece of heaven.

Who, or what, inspires you?

My colleague Andy Oakes could successfully network in an empty room. He is hugely personable and approaches everything he does with tremendous dynamism and energy. I’m inspired by my whole team and by the diversity of our clients. It was a tremendous moment for me when I won the Business Personality of the Year award in 2017 at MIB. It was a recognition of the work I and everybody here at BWM puts in on a daily basis.

Why choose Liverpool City Region?

When I think back over the dark times we endured in Merseyside over the past few decades it is awe-inspiring to see what the city has now become. I love to walk through the city centre and along the waterfront to see a city transformed. We saw 1.2m people take to the streets for the Giants - that was an incredible weekend and I was bursting with pride. The resilience, strength and the talent for reinvention we have in Liverpool is what makes us a truly world class city region.

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Posted by The PC Support Group

Wed 06th, Feb

If you ask six people to define what hosted desktop is and how it’s organised, you’ll get six different answers because it means different things to different people!

We know this to be true because we’ve been having lots of these conversations recently, as we’ve been working with some new clients who came to us for help after suddenly finding themselves locked out of their IT systems and unable to access their data.

A hosted desktop is a virtual machine that hosts the operating system, applications, data and other system configurations of a physical desktop remotely from a server through the internet providing similar functions of a physical desktop.

What all these organisations had in common is that they were all using a hosted desktop service to operate their IT systems and equipment. Which is absolutely fine in theory. Hosted desktop is the future and can deliver huge benefits for SMEs, reducing investment and running costs and providing access to the latest agile business tools to boost productivity and enable flexible working anytime from anywhere.

The trouble is there are good hosted desktop solutions – and bad ones. A good one provides fast and secure access to your systems and data, on any device from anywhere in the world. A bad one is a ticking time bomb, and it’s only a matter of time before it fails, taking the hosting company down - and its customers with it.

The reason is because they are usually badly designed, insecure and often rely on cheap, old or outdated infrastructure and software. Rather than accessing the very best resources that the cloud has to offer, your entire company could be hosted in a server down the road, in demand by numerous other businesses, where you have to share resources that are prone to malfunction and vulnerable to attack.

But here’s the $64,000 question – when you’re trying to decide, how can you tell a good one from a bad one? The answer, as always, is to ask the right questions and, most importantly, if the service you’re being offered sounds cheap, be very, very careful!

Think of it this way, if you saw your dream house, you’d still have a full survey carried out wouldn’t you – to check that the boiler was sound, and the roof didn’t leak?

Making a fundamental decision on the future of your IT operating model requires the same caution. Before you commit to hosted desktop, when interviewing a potential supplier, make sure you get detailed, clear answers to these questions:

  1. Where and how will my data be stored?
  2. How much resource and capacity will we have, and will we always have access to 100% of that resource without sharing with other companies? Will we always be able to access our data, systems and emails? How do you meet that promise?
  3. If your entire system goes down will we still have access to our files and emails?
  4. Will we always be able to run the latest versions of Windows and Microsoft office whenever we need or want to?
  5. What are the background technologies and infrastructure which your services use?
  6. Can you provide evidence which shows that you do not have any single point of failure in the delivery of all services to us?
  7. What security, business continuity, disaster recovery and risk management provisions are in place?
  8. Which subcontractors or suppliers will you be using to provide our service?
  9. What happens if we no longer wish to use your service?

Always describe your business requirements and not your tech requirements and speak to the supplier’s technical and support staff as well as sales representatives. And remember that hosted desktop is only one of a range of options at your disposal - and it may be a mistake to put all your eggs in one basket. Procuring separate (though integrated) services for each business function ensures that if one fails, the rest can usually carry on working.

What’s important is to select the solution that’s right for your business. If you’d like to discuss hosted desktop or your IT requirements in general, leave us a message here and someone from The PC Support Group will get back to you, email us on info@pcsupportgroup.com or speak to our friendly team on 03300 886116.

www.pcsupportgroup.com

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Posted by The PC Support Group

Fri 25th, Jan

We’re often asked: “should we store our data in the cloud or on our own server on our own premises?”.  Quickly followed by: “which is more expensive?”, and “which is more secure?”.
 
At The PC Support Group, we strongly believe in providing our customers and prospects with all the information – to help them make an informed decision, based on what’s best for their business.  
 
So, let’s unpack this issue a bit because there are pros and cons with both cloud and on-premise data storage – and making the right decision for you depends on your own unique circumstances, your appetite for risk and what makes you feel most comfortable. Let’s start with the basics.
 
In a nutshell, on-premise data storage means:

  • using an in-house server, computers or other devices to store your data
  • purchasing your own hardware and software
  • regularly maintaining, upgrading and replacing your infrastructure
  • buying additional equipment if your storage requirements increase beyond current capacity
  • employing, directly or indirectly, specialist expertise to keep these assets fully operational

Advantages:
Security – by keeping your data within your own direct control, so long as you take sensible security precautions, it’s harder for hackers to attack.
Control – if you own the hardware, software and decide where the data is and who manages it then you are in complete control of every aspect of the system which may give you peace of mind.
Access – because you are not reliant on internet connection, all employees based at your site will always have access to the data, and if you are dealing with large files it can be faster.
 
Disadvantages:
Cost – buying, maintaining and regularly replacing your own equipment for the latest and best versions requires regular capital investment and ongoing operating expenditure.
Remote Access – unless suitable technology is implemented then remote access to on-site servers is often more complicated and slower than cloud solutions.
 
Meanwhile, cloud-based data storage involves:

  • using remote servers or hardware maintained by a third-party service provider
  • buying the use of specific quantities of storage space and bandwidth
  • accessing your data via the internet

Advantages:
Cost – cloud-based data storage avoids buying your own hardware and software and ongoing costs are often lower than the costs of maintaining your own systems.
Flexibility – you can access your data anytime, anywhere, all you need is an internet connection – and you can buy more storage space when you need it and pay less when you don’t.
 
Disadvantages:
Security – with flexibility comes increased risk. Data stored in the cloud often uses multiple providers, shared resources and may be more easily accessed by people outside your organisation. This can be reduced by using a private cloud, rather than a public cloud in which storage space is shared by many organisations.
Downtime – access to cloud servers is more susceptible to outages and downtime with it being reliant on the internet connection.
 

Tough decision? Well don’t despair as it’s just a case of going through your key business goals and drivers with your trusted IT advisor and they will be able to recommend the right solution for you. And remember, the solution doesn’t have to be one or the other, some companies decide that what is best for them is a dual approach or a hybrid data storage solution where primary data is stored on their own server with backup versions stored in the cloud.

If you’d like us to help you to decide what is the best option for you, leave us a message here or email us at info@pcsupportgroup.com and we'll contact you back, or call our team on 03300 886 116 for an informal and confidential chat.

www.pcsupportgroup.com

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Posted by The PC Support Group

Mon 21st, Jan

“There just aren’t enough hours in the day” we hear ourselves saying all the time especially if you are the owner of a SME.

We know that, with additional time, there’s so much more that we could achieve. Do you ever wonder what would you do with a few extra hours every week?

Today’s successful businesses are working smarter, not harder. They’re finding new ways to improve the productivity of their people – and technology is making it possible. Of course, every business is different and what works for one may not work for another. But we are totally convinced that those that embrace technology are the ones that are prospering.

And by technology we don’t mean the really techy stuff, we mean the easy-to-use, tools and systems that are available for all SMEs. Here are six key things (and there are more!) that you can do very easily that will free up priceless extra hours for you and your people – and improve efficiencies, team working and job satisfaction in the process.

You may already be doing some or all of these things, but here goes:

  1. The basics: A fast and reliable internet connection and an automatically-updated cloud computing platform will ensure that your business-critical tech is always on and doing what it says on the tin. Remember, downtime is a business killer!
  2. Switch to versatile cloud-based telephony: BT is phasing out landlines and with VoIP (Voice over Internet Protocol) you’ll cut costs and improve your mobile working capabilities.
  3. Collaboration: Make it easy for people to communicate, share files and documents, work together and stay in touch – using Skype, SharePoint and shared calendars for example – encouraging faster, more efficient team working.
  4. Consider remote working: Once you’ve embraced collaboration this is the obvious next step. Statistics show beyond doubt that remote and mobile working boosts productivity by giving people more control over their working life. Happier, more contented employees are more productive, it’s a fact!
  5. Update your management tools: This list is endless. For example, there are loads of easy to use tools to track the time everyone is spending on daily tasks, giving you the data, you need to manage more effectively. The latest automated CRM systems are saving time and improving services too, speeding up contacts with customers and improving conversion rates. And apps like Evernote capture, organise and share project notes, so that everyone is on the same page and actions and responsibilities are clear.
  6. IT support: Being able to call upon expert assistance when you need it will ensure that you’re making the most of your smart tools and systems, that your basics are running smoothly and efficiently, and that you have help on hand if something goes wrong.

If you’d like help to boost your productivity and free up some of your time – call our team at The PC Support Group on 03300 886 116, leave a message here or email them on info@pcsupportgroup.com for an informal and confidential chat.

www.pcsupportgroup.com

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Posted by Mark Booth

Director in KPMG’s Liverpool Deal Advisory Team

Thu 17th, Jan

Now, perhaps more than ever, planning and preparation is crucial when it comes to selling a business.

Nobody expects a first-time vendor to know exactly how the deals process will play out. This is why it’s critical to choose the right advisor to run the process, ensure that the business has identified all the data that a purchaser will expect to see, answered the questions they will expect to be answered  and to help ensure that data is of sufficient quality to go through a due diligence process.

Make no mistake, the due diligence process is tough. There will be financial, taxation and legal due diligence as standard, but dependent upon the nature of the business a purchaser may wish to carry out commercial, environment, operational, IT or HR due diligence, to name but a few. Without support, this places an enormous burden on a business’ management team who of course also have ‘business as usual’ to occupy their day.

With Brexit looming, there is a greater focus than ever on contingency planning. Buyers want to understand whether their target business has a contingency plan in place to deal with any fall-out from the UK’s exit from the EU particularly in respect of potential disruption to the supply chain. This is something that has been occupying our more operationally-focused colleagues on recent transactions.

That's not to say that vendors aren't getting a good deal - quite the opposite; there is a huge level of demand for high quality assets from various different sources:

  • UK corporates in certain sectors are finding organic growth more challenging than in the past and have access to cheap debt;
  • Overseas corporates still view the UK market as an attractive long term proposition and see the opportunity to benefit from the current weakness in Sterling; and
  • With interest rates having remained at record low levels, investors are looking to private equity (PE) funds. As such, PE has more capital to deploy than ever before and is under pressure from investors to get that capital invested.

Where we are seeing processes fail is where assets are rushed to market with a low level of preparation. If a buyer is not afforded enough time to clearly articulate the strategic rationale and get sponsorship within their own organisation, or if they cannot get the data they need to get comfortable with the risks in a business, then they will naturally need to discount the amount they are prepared to pay for that business. And that is often not acceptable to a vendor who has a differing view on prevalent risks.

Planning for a purchase: After the deal

Many corporates are not experienced in conducting M&A activity, and why should they be? It isn’t what they do day-to-day and it isn’t a core competency in delivering the great results they have been delivering and which have put them in a position to consider making an acquisition in the first place.

Whilst an M&A process is hard work on both sides, the hard work for a purchaser does not stop at the point the transaction is signed, there is then the whole process of integrating the new business and workforce into the parent organisation.

It is a surprising fact that two in three corporate acquisitions are value dilutive, with a lack of planning for post-transaction integration as a key factor in the failure to realise expected synergy benefits.

Purchasers should thoroughly consider and challenge themselves in respect of the synergy benefits they expect to achieve - are they realistic or aspirational? How are they going to be realised and what are the key dependencies? Is a plan in place to ensure that the culture of the target and parent businesses will be aligned and that everyone will be pulling in the same direction?

As ever, planning is key and this planning would ideally be done before a transaction to ensure that a purchaser is ready to kick on from day one.

Planning for success

Businesses today are under more pressure than ever to deliver better results for stakeholders. Whether you’re buying, selling, funding, fixing or integrating a company, the process can be complex and risky, and without the right strategy, support and insight, the deal can collapse. So that both sides get the maximum value out of the transaction, buyers should think like sellers, and sellers like buyers. As corporate finance and transaction services experts, we'll be here the entire time to take you every step of the way to reach a successful outcome.

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