Don't be a victim of your own success

Let me set the scene… You have a great idea and decide to set up your own business to capture a gap in the market/offer something new or different. You are highly passionate about your subject matter and plough all the available time you have to getting your enterprise off the ground. You then grow it into a successful, profitable business. You take on extra staff to cope with the increasing demands and complexity your success has brought you. The company continues to go fro

'Gone into Administration'

The words that strike fear in the business world, ‘[insert your company name] has gone into administration’. They are words you never want to see, as it not only causes pain and heartache for the owners and employees but also customers and suppliers. There have been a number of high profile collapses over the last couple of months, only this week, Toys R Us and Maplin having to admit that time was up. The inquest into the demise of Carillion is still rumbling on. There are pl