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FOOD FOR THOUGHT

Mike Atkinson

Recent Posts

5 CFO questions to ask right now

Posted by Mike Atkinson on August 29, 2017

You’ve had your meetings, you’ve spoken with the executives, you’ve discussed things with the board, all with your CFO by your side fielding the tricky financial questions and presenting the profitable forecasts for the year ahead. But that’s just the start of what your CFO can offer you.


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Topics: CFOs

4 business growth strategies for surviving the 'Valley of Death'

Posted by Mike Atkinson on July 18, 2017

Almost every business will face the daunting ‘Valley of Death’ before it becomes profitable. The key to survival is not avoidance, but preparation. By planning ahead with the right business growth strategies, you can minimise the time your business spends in the Valley and get back on track to profitability.

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Topics: Business Growth

Who should be on your advisory board to drive business growth

Posted by Mike Atkinson on June 16, 2017

Your advisory board (or board of directors) should evolve with your business. As your business grows, it will require new perspectives and skill sets. Here are some tips for identifying who should be on your board throughout each phase of your business.

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Topics: Advisory Boards, Business Growth

5 ways to prepare for the cost of raising capital for business

Posted by Mike Atkinson on January 18, 2017

If only securing finance was as easy as a handshake or a verbal agreement. The cost of raising capital can be in the tens of thousands (depending on the size of your business and the amount of funding required). Much like applying for a home loan and paying for building reports, you will need to pay for forecasts, valuations, and various other professional services. Here are five considerations when raising capital for business so that you can budget your money and time accordingly.

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Topics: Raising Capital

Investing in your own business: how much is enough?

Posted by Mike Atkinson on December 01, 2016

You may be asking yourself: “how much is enough?” However, this is probably the wrong question. It’s too open-ended; ‘enough’ is such a subjective term. So we ask our clients a different question altogether: “have you invested as much as you can?”

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Topics: Raising Capital

Five tips for better strategic planning

Posted by Mike Atkinson on March 22, 2016

As the end of the financial year approaches, now is a good time to revisit your business strategy. Below are five tips for implementing an efficient and effective strategy that drives growth and gets great results. 

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Topics: Business Strategy

What exactly is operational excellence and why is it important for my business?

Posted by Mike Atkinson on March 17, 2016

If you want to take your business’s productivity to new heights, you need to implement a strategy for operational excellence. More than just another ‘buzz phrase’, operational excellence is a cornerstone of any successful company’s long-term growth plan.

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Topics: Business Strategy

3 tips for conducting market research to help lead generation

Posted by Mike Atkinson on March 15, 2016

In order to grow, innovate and stay competitive within your industry, you must keep abreast of market changes and trends. Conducting regular, insightful market research can make a world of difference to your brand and help you move your business forward with confidence.

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Topics: Business Strategy

Lead generation techniques for your business

Posted by Mike Atkinson on February 29, 2016

Lead generation is at the forefront of every business owner’s mind. So what else can you be doing to attract new customers? It all starts with your sales and marketing strategy.

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Topics: Business Strategy

Is a lack of financial savviness hurting your governance model?

Posted by Mike Atkinson on February 04, 2016

Every governance model relies on its board members fulfilling certain skill sets or roles missing from a business. Such a diverse mix of people who can challenge each other is a powerful combination. However, many board members still don’t fully grasp the finance side of running a business which is leaving some companies wide open to unnecessary risks.

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Topics: SME Governance, Financial Management