A business plan is a document presenting the business strategy and expected financial performance for the years to come. The business model is usually part of the business plan as it is the mechanism through which the business generates profit. The Business Plan The business plan covers the value proposition, target market, competitive advantage,… Read More
Continue ReadingSomeone’s CV or business profile may say, for example, that they have “20 years experience”. After 20 years you would expect them to have gained mastery, or at a minimum competency, in that field. But perhaps they have repeated one year of experience 20 times? The four stages of competency… Read More
Continue ReadingLast weekend I walked a familiar loop track. I usually head upriver, across the foot bridge, then down river, climb the hill, cross another bridge, then home. Last weekend, on a whim, I reversed the loop. Interesting experience – seeing the familiar route from a different direction and perspective. I… Read More
Continue ReadingYin means “shady side”, while Yang means “sunny side”. My husband and I sometimes Yin and Yang – I’m usually the Yang, seeing the opportunity, the upside, the benefits, why and how it could work. Hubby considers the Yin – the downside, what can go wrong, the risks to… Read More
Continue ReadingFrom 1 July 2021 new rules require both parties to a sale and purchase of two or more assets with different tax treatments to allocate the same amounts for each asset. Background to the tax change When buying or selling a business the parties typically focus on the total sale… Read More
Continue ReadingOne of the most impactful books I have ever read was “The 7 Habits of Highly Effective People”, originally published by Stephen Covey on 15 August 1989. In 2017 when my accountancy business restructured I wanted a brand that was meaningful and that reflected my personal philosophy. The name “Q2”… Read More
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