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Implementing processes similar to large businesses helps SMEs

Weekly Reflections

If your business is only receiving an annual set of accounts and a tax return from your accountants and no data during the year, this is NOT ENOUGH INFORMATION for EFFECTIVE MANAGEMENT.

SMEs that implement their leadership team, accounting function, rhythm of meetings similar to larger businesses, IMPROVE THEIR CHANCES OF SUCCESS.

Every business should have a ‘VISION DOCUMENT’.

A significant problem for SMEs is ‘FISCAL MANAGEMENT’.

Successful SMEs have a leadership team which includes full-time team members and part-time advisers.

To find out how Towers Business Development can assist you to implement this process, contact us on 1800 232 088 or email .

Implementing processes similar to large businesses helps SMEs