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Running an old fashioned business – Yes or No?

When you start your new business you are bombarded with “must have’s”, “definitely need” types of advice. From booking keeping software, invoice discounting, lease cars etc. The list goes on and on.

So the question must be asked, can a business run successfully without all of the modern accoutrements?

Picture this, a company trading for about 50 years. Never had a PC, never had an accountant, no bookkeeper, no stock system, no formal sales people, no management structure, no appraisals, no reviews, no profit and loss forecasting or budgeting. 60 staff not managed, monitored or targeted.

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