Blog Articles

Can a business consultant help my business? A business consultant can bring significant value to your company in several ways. Here are some ways in which a business consultant can help your business: Expertise and Experience: Business consultants typically have extensive knowledge and experience in various aspects of business management. They can provide you with […]

Michael Tait, an experienced acquisition chairman explains the key processes of due diligence in a company acquisition. During a company acquisition, several due diligence activities are typically carried out to assess the target company’s financial, legal, operational, and strategic aspects. The specific due diligence activities can vary depending on the nature of the acquisition and […]

What is a turnaround specialist? How can they help my business? A turnaround specialist is a professional who specialises in helping distressed or underperforming companies overcome financial difficulties and restore their profitability. These specialists have expertise in assessing troubled businesses, identifying the underlying problems, and implementing strategies to turn them around. They typically have a deep understanding […]

Company at risk of going bust? directors should take immediate action to address the situation and try to turn the company around. Michael Tait offers some steps to consider: Assess the Situation: Directors should conduct a thorough assessment of the company’s financial position, including cash flow, outstanding debts, and overall financial health. This evaluation will […]

Legal repercussions for directors: When UK company directors fail to meet their fiduciary duties, they may face legal repercussions and potential liabilities. The specific consequences can vary depending on the nature and severity of the breach, but here are some of the common legal repercussions: Breach of Duty Claims: Shareholders, creditors, or other affected parties may […]

The fiduciary duties of a company director are set out in law and executive and non executive directors are equally bound in their governance of the company. Company directors play a crucial role in the governance and management of businesses, acting as stewards and decision-makers on behalf of shareholders and other stakeholders. In the United […]

An effective board of directors demonstrate several key qualities and practices that enable it to fulfil its responsibilities, provide strategic guidance, and contribute to the success of an organisation. Here are some factors that make a board of directors effective: Clear Roles and Responsibilities: An effective board has well-defined roles and responsibilities for both individual […]

Michael Tait sets out the 8 things that make a great board. A good board of directors possesses several key characteristics and attributes that enable it to effectively fulfil its responsibilities and contribute to the success of an organisation. Here are some factors that make a board of directors exemplary: Diversity and Expertise: A good […]

The Role of the Board of Directors. Introduction: Role of the Board In today’s complex and rapidly changing business landscape, the role of the board of directors has become more critical than ever before. The board serves as the backbone of corporate governance, providing strategic guidance, oversight, and accountability to safeguard the interests of stakeholders […]

Corporate Governance Meaning – refers to the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of a company’s stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. The goal of corporate governance is to ensure that a company is managed in […]