The 3 key areas you need to know to grow your businessWith 2018 upon us, now could be the perfect time to look at growing your business and taking it to the next level. You may have aspirations to increase your turnover, your number of staff, and/or your service offerings, all of which are great targets! In any case,...
A new website that represents a new Tyrrell & CompanyYour business’s website is such a critical part of your brand these days. Your site is your shop window, your content hub, your eCommerce centre and the place where most of your customers and prospects will come to find out more about you, your products and your...
The 7 reasons you’re making profits, but have no cash in the bank
If you’re managing your business’s financial situation by keeping one eye on your bank balance and the other on your outstanding bills, you’re missing out on a huge number of insights into the liquidity of your venture.
You may be reporting year-end profits, but when your everyday cash situation is looking worrying – due to running costs, overheads and tax liabilities – it’s time to delve into the numbers and get a better handle on your cash flow.
How to calculate the value of your business (so you can protect it)
At Tyrrell and Company, we’ve worked on valuations for many of our clients. It’s an important part of planning a growth strategy or the end sale of the business, so getting as accurate a valuation as possible is always the end aim.
And, in our experience, there are four basic criteria that have an impact on the end value of a business