Tag: Business
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Talking business at the party conferences
Eddie Tuttle shares a sneak preview of CIOB’s busy diary during the annual political party gatherings. The final details of our events are still being confirmed at the time of writing but we will, of course, invite the relevant ministers to participate, including the minister for industry, Sarah Jones, and the minister of state for…
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Scale Your Manufacturing Business with Intelligent ERP Tools
Scaling a manufacturing business requires more than just increasing production capacity—it demands smarter systems, streamlined processes, and data-driven decision-making. As competition intensifies and customer expectations evolve, manufacturers must adopt technologies that enhance agility, visibility, and control across operations. In this article, we explore how intelligent ERP tools can help manufacturers scale effectively, from optimizing workflows…
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Contractor’s Guide to Business Management Software That Pays
Commercial construction companies face a unique challenge: managing complex projects across multiple sectors while maintaining razor-thin profit margins. With retail buildouts, healthcare facilities, hospitality projects, and office developments each having distinct requirements, the right business management software can mean the difference between profitable growth and costly inefficiencies. “We see contractors making the same mistake repeatedly.…
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Smart Shade: The Business Benefits of Retractable Awnings
A recent report from Shoreline Awnings & Patio. Inc. summarizes the smart business reasons for installing retractable awnings. Many of the retractable awning benefits also apply to fixed-frame awnings, especially the luxury of shaded spaces and the advantages of brand recognition. Awnings are an excellent way to elevate customer experiences by providing attractive and welcoming shelters for…
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Why Fire Detection Is Critical for Business Safety
The Indispensable Role of a Fire Alarm System A fire alarm system is more than just equipment; it’s a cornerstone of safety and operational stability. It’s about protecting what matters most. Think of it as an investment, not an expense. A good system can save lives and prevent major financial losses. It’s a critical part…
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How to grow a construction business: 6 proven strategies for success
Succeeding in the construction industry takes hard work. Construction business owners often need to overcome obstacles such as over-budget projects, difficult client demands and cash flow issues. The companies that survive aren’t just lucky. They’re strategic about how to grow their construction businesses and their banking choices. In this article, we’ll cover 6 ways you…
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Coworking Vs. Private Offices: Which Is Right for Your Business?
Just like choosing between a bustling café and a quiet library, deciding between coworking spaces and private offices can greatly impact your business’s environment and culture. You might be drawn to the vibrant collaboration and networking potential of coworking, or perhaps you value the privacy and control that a private office offers. Each option has…
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Can your business withstand a cyber attack?
Image: Dreamstime.com Premierline Insurance explains why cyber attack insurance matters more than ever for UK SMEs. Cyber threats are no longer just a concern for big-name brands. In fact, cyber insurance is becoming a critical part of risk planning for UK SMEs, as the frequency and sophistication of cyber threats continue to rise. At Premierline, we’ve seen…
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Modern Concrete Finishes to Boost Home & Business Curb Appeal
First impressions matter, especially when it comes to properties. The exterior of a home or business sets the tone for what lies within, and concrete finishes have become a key part of this presentation. No longer limited to plain gray slabs, today’s concrete applications can completely transform driveways, walkways, patios, and entryways into design features…
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What’s your construction business worth? Seven things to consider
There’s no magic formula, but here’s a simple benchmark to use as a starting point when looking to acquire a business under £2m PBT:1x-4x PBT+ Assets– Liabilities+ Free cash Factors that increase multiples:• Solid pipeline of future work• Low customer concentration• Clean, consistent financial reporting• Documented systems and processes• Strong, stable second-tier management• Recurring revenue…