hgkc Blog

People, Planet, Profit - Why The Bottom Line Matters

For many businesses the bottom line focuses on their financial success. However, in 1994, John Elkington came up with the Triple Bottom Line of People, Planet, Profit, ‘a sustainability framework that examples a company’s social, environment, and economic impact’. Adopting this framework allows businesses to create long-term value by understanding their effect on their people and the planet. Focusing on the ‘three P’s’ and building a sustainable organisation, business leaders are able to meet their objectives with their future needs in mind.

How To Prepare Your Business And Team For An MBO

A management buyout is the process for your management team to buy the business from the business owner. It is a smooth transaction and can reassure business owners, employees, and their target audience that the company will be left in capable hands. MBO’s ensure quality service and company standards and values continue. As this is an internal process, owners need to help prepare their businesses and employees before exiting the business.

How Does Technology Impact Your Business?

In today’s world, we see so many advances and changes in technology that the way we work and run our business is ever changing and with the coronavirus pandemic things have been forced to advance a lot faster than we ever thought. Working from home and the inability to see people face to face has forced many companies to start to rely on technology to run their business. Those that have failed to adapt have not survived COVID-19 and those that have are finding new and more efficient ways to work.

  

Why Choose hgkc To Help With Your Exit?

Business owners often fail to plan their exits and can end up not getting fair value for the business that they have invested their time and money building. Those that do plan need help and often turn to a third party. This help can be either financial advisors, lawyers, or business consultants. We recommend an exit strategy should be prepared 3-5 years in advance to gives you time to identify and address any potential problems, whilst also developing your business to increase value. hgkc is a business consultancy providing practical advice to help businesses overcome their challenges and increase growth. We specialise in innovation, leadership, and exit strategies.

hgkc was born from the realisation that together our combined practical experience and knowledge can offer our clients a broader, deeper and richer experience that will deliver better results faster.