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Seven tips for successful succession planning

Monday, March 07, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: report, strategy, tips, advice, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, transition

History is littered with companies, entrepreneurs and business visionaries who failed to pass on the company baton successfully. If you want to ensure the legacy of your business continues on to the next generation, here are a few pieces of advice…

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Succession planning? Follow our template for success

Thursday, March 03, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: report, strategy, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, structure, steps, goals, best practice, template

What are the best practices when planning for succession? Is there a model you can follow? The truth is, there are many different approaches but, in the third part of our series demystifying succession planning, we share the Grant Thornton best practice template for developing the best succession plan.

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Why leaving succession planning to the last minute doesn’t pay

Tuesday, February 15, 2011 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: tax, report, strategy, talent, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, valuation, structure, steps, legacy, goals

Figures show that 27% of UK businesses are expecting a change of ownership in the next 10 years, according to Grant Thornton 2009 International Business Report (IBR). Preparing ahead for such a major change makes financial and business sense. So why don’t companies do it?

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Succession planning: A step-by-step guide

Thursday, February 10, 2011 | Posted by: Fiona Cullinan
| Tags: tax, report, guide, succession planning, ownership, transfer, White Paper, exit strategy, selling a business, valuation, structure, steps, legacy, goals

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Last month Grant Thornton released ‘Succeeding at Succession’, a report to help privately held business owners plan an effective transfer of ownership without suffering adverse financial or tax consequences. We’ll be posting a series of articles from the report beginning with this step-by-step guide.

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R&D tax relief review – threats and opportunities for UK plc

Wednesday, December 08, 2010 | Posted by: Fiona Cullinan
Categories: Business advice, Tax, Technology sector | Tags: innovation, business, tax, research, technology, report, relief, incentives, consultation, development, review, R&D, Dyson, Samantha Vanags, Sam Vanags

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The Government recently announced that it was reviewing the ways in which it incentivises investment in research and development (R&D).  This raises a number of questions over the future of R&D tax relief. Technology partner Samantha Vanags explains the issues and responds with Grant Thornton’s recommendations on R&D tax incentives.

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Where is the smart money going in media?

Thursday, December 02, 2010 | Posted by: Fiona Cullinan
Categories: Financing , Media sector, Thought Leadership | Tags: business, media, investment, report, growth, digital, UK, M&A, trends, recovery, private equity, money

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There are signs of life in the UK media sector as investors look to new growth areas and M&A activity picks up. Grant Thornton’s 35-page research report reviews the investment environment with a particular eye on digital. Read on to download a free copy of the report or to find out more…

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FD insight: interviews on the role of the modern FD

Wednesday, November 24, 2010 | Posted by: Fiona Cullinan
Categories: Financing , Thought Leadership | Tags: Grant Thornton, survey, report, data, CEO, video, interview, FD, Directorbank, CFO, analysis, finance director, Swag Mukerji, John Pearce, Roger Matthews

Finance directors aren’t normally the face of the company but they are playing an increasingly critical role in its success, as our recent What makes an outstanding FD? report, researched in conjunction with Directorbank, shows. Here, we interview three business leaders – including Directorbank’s MD John Pearce (below) about the growing importance of the FD .

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FT Commercial Property Conference 2010 review

Thursday, November 11, 2010 | Posted by: Fiona Cullinan
Categories: Property & Construction, Thought Leadership | Tags: investment, finance, property, report, FT, emerging markets, insight, trends, Clare Hartnell, guide, conference, construction, commercial, demographics, brochure

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The Grant Thornton-sponsored Financial Times Commercial Property Conference brochure is now out – packed with insights and expert comment from business leaders and financial analysts. Here’s what you’ll find inside and how to get hold of your free copy…

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What makes an outstanding FD?

Thursday, October 14, 2010 | Posted by: Fiona Cullinan
Categories: Financing , Thought Leadership | Tags: business, statistics, finance, research, survey, report, growth, talent, FD, Directorbank, finance director, competition, people, communication, director, recruitment,

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Grant Thornton has been working with the Directorbank Group to answer this very question. We asked nearly 350 directors, chairmen, chief executives and executive directors to nominate the best finance directors (FD) they’ve worked with. We then interviewed a final 25 on what it takes to get to the top - and asked what advice they have for their peers in the current economy…

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Insight: trends and opportunities in UK foods

Wednesday, October 13, 2010 | Posted by: Fiona Cullinan
Categories: Financing | Tags: innovation, research, survey, report, strategy, growth, UK, data, insight, food, new products, beverage, new markets, drink, restaurants, NDP

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What are the consumer trends? What growth strategies are food and drink companies considering in the next 12 months? And where do they stand on innovation and NPD? Here’s a summary from Grant Thornton’s new food sector survey.

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Tool: Assess your company’s risk maturity level

Monday, October 04, 2010 | Posted by: Fiona Cullinan
Categories: Business advice, Thought Leadership | Tags: business, recession, governance, survey, report, strategy, data, risk, business models, Simon Lowe, risk management, questionnaire, tools

Our recent business risk report shows widespread complacency in risk management processes. Check how your risk levels measure up with our quick online tool.

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New UK food sector survey – download your free report

Saturday, October 02, 2010 | Posted by: Fiona Cullinan
Categories: Thought Leadership | Tags: recession, research, survey, report, strategy, growth, UK, M&A, data, insight, competition, financing, food, Trefor Griffith, new products, beverage, new markets

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Grant Thornton’s latest research report, Targeting growth: Challenges and opportunities for the UK Food and Beverage sector, reveals the state of play for UK businesses in this sector. Here are some of the key issues and findings…

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Weaknesses and opportunities in UK retail

Thursday, August 26, 2010 | Posted by: Fiona Cullinan
Categories: Retail sector, Thought Leadership | Tags: innovation, business, survey, report, data, business models, retail, analysis, comment

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Retailers desperately need to review or renew the way they do business in order to survive profound changes in the market and the economy – that was the finding of our recent

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New UK retail survey reveals complacency…

Thursday, August 12, 2010 | Posted by: Fiona Cullinan
Categories: Economy, Retail sector, Thought Leadership | Tags: innovation, survey, report, data, business models, retail

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…and suggests that it is time for retailers to move beyond cost-cutting as the main thrust in their business models. Read on for details of the full report. 

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When corporate hospitality could equate to bribery -and other new risks arising from new Bribery Act

Wednesday, July 07, 2010 | Posted by: Fiona Cullinan
Categories: Business advice | Tags: governance, survey, report, risk, emerging markets, compliance, Bribery Act, competition, risk management, bribery, corruption, anti-corruption, liability, ethics, FCPA, bribe, hospitality, criminal

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The UK Bribery Act became law in April 2010 and will come into force later this year, creating a host of fresh risks to business and commercial organisations, and presenting a complex ethical conundrum. And yet, our survey suggests senior management frequently turn a blind eye to business conducted abroad at local or ground level in order to grease the wheels of industry.

So, exactly what are the risks – and more importantly how can you mitigate them?

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Where is the smart money going in support services?

Thursday, April 29, 2010 | Posted by: Fiona Cullinan
Categories: Financing , Thought Leadership | Tags: business, investment, report, M&A, recovery, outsourcing, money, support services

The second report in Grant Thornton’s series looking at where the smart money is going in business was released this week. This time the focus is on the support services sector, which has already seen a strong recovery in the value of private equity investments in 2010.

Continue reading to download the free report…

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