Success in business is about a few things going right and other things not going wrong. It is certainly not a black art. Most business issues can be controlled to an extent albeit some will involve an element of luck and timing. However with better positioning, management and a resilient balance sheet luck becomes far less important.
Joe Carr identifies six key success factors to support SMEs to reach the bar of superior performance and to stand out from the crowd.
Mazars the leading International audit and advisory group has established the Mittelstand Business School to develop and support leaders of Owner-Managed businesses across Europe
While Brexit and other international developments pose challenges they also create opportunities, according to Lorcan Colclough, partner at Mazars.
By Graham Clifford.
A severe lack of liquidity across Europe means that 51 percent of mid-sized businesses would have to turn to external sources of funding after just three days, in the event of an unexpected drop-off in trading.