Insights

Successful succession planning

We are told that no one is indispensable or irreplaceable, but some people are much harder to replace than others. For key roles in any organisation, it is vital to have a succession plan. Sometimes such...

Make setting your budget a priority for 2021

I am surprised by how many ambitious businesses don’t prepare a detailed budget each year. In our experience unless you have a roadmap you are unlikely to reach your planned destination.

We like...

Do you make a profit on every product or service you sell?

If not, is this deliberate (such as a loss-leader strategy) or accidental? Or do you have no idea but just hope that generally it all works out sort of ok?

In business we need to do more of what is...

What a Finance Director can add to a leadership team?

At Avonglen we work with many businesses that benefit from professional accountancy services and we are proud to work alongside and collaborate with many of these excellent firms. It’s clear to us that...

How resilient is your business?

In these challenging times it is important that business leaders understand how many months they can survive with the cash/debt facilities they have. Many businesses are suffering very low sales, particularly...

Beware of the enemy within!

Small and medium sized businesses are particularly vulnerable to fraud as it is difficult to achieve good segregation of duties within a small team. They can also often have a “family” or “team”...