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Owner Managers

  • Independent director remuneration – how much should you pay?

    • 12/01/2021
    • Posted by: Simon
    • Category: Governance, Owner Managers, Privately Owned Businesses
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    Director remuneration can be a step in to the unknown, especially for boards embarking on independent governance for the first time. Directors are primarily paid for their insights and knowledge, rather than the number of hours contributed.  This can require a change of mindset for business owners. Directors also need to be rewarded for the

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  • So things aren’t so great with your GM?

    • 16/05/2019
    • Posted by: Simon
    • Category: General Business, Owner Managers, Privately Owned Businesses
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    I currently have three clients who face challenges with their General Manager. Maybe it’s something in the water? In all cases there is misalignment between the GM’s ability and the owner’s expectation. This, combined with soft leadership, has led to a gradual breakdown in communication and respect between the parties. Let me outline some of

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  • Sell products, not services

    • 20/03/2019
    • Posted by: Simon
    • Category: General Business, Owner Managers, Privately Owned Businesses
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    If you want a scalable or sellable business then consider standardising your services in to products. I love services: creating them, pricing them, selling and delivering them.  But they have their challenges: the perils of time based billing, continual client tailoring and the need for more sophistication around staff engagement and management. Two recent experiences
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