John F Kettley
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Cash is still the killer: late payment, retentions and weak discipline

Cash is still the killer: late payment, retentions and weak discipline

by John F Kettley | May 6, 2026 | Exit Strategy, Leadership, SMEs

Most business failures do not begin with a lack of work. They begin with a lack of cash control. That distinction matters because it changes where owners need to look. A business can have a decent pipeline, good people and live sites, and still get into serious...
If the business can’t run without you, it isn’t ready

If the business can’t run without you, it isn’t ready

by John F Kettley | Apr 29, 2026 | Exit Strategy, Leadership

A lot of owners say the same thing with a kind of pride: the business needs me. Sometimes that is true. It is also usually a warning sign. In founder-led construction businesses, owner dependency often gets mistaken for strength. The owner knows every client, approves...
Owner dependency is the biggest hidden valuation haircut

Owner dependency is the biggest hidden valuation haircut

by John F Kettley | Mar 4, 2026 | Exit Strategy

OWNER DEPENDENCEY IS THE BIGGEST HIDDEN VALUE HAIRCUT If the business can’t run without the founder, it isn’t really a business in the eyes of a buyer. It’s a job, with payroll and liabilities attached. This is one of the biggest gaps between how owners see value and...
Building a business is not the same as building wealth

Building a business is not the same as building wealth

by John F Kettley | Feb 12, 2026 | Exit Strategy

Building a business is not the same as building wealth Most business owners spend years focused on building a business. Fewer spend time thinking clearly about whether that business is actually building real world wealth. I didn’t spot the difference early in my...
How agile SMEs can rescue 2025 and gear up for a stellar year

How agile SMEs can rescue 2025 and gear up for a stellar year

by John F Kettley | Jul 18, 2025 | Exit Strategy, SMEs

How agile SMEs can rescue 2025 and gear up for a stellar year It’s July 15, 2025, and if you’re feeling like the year’s already tanked, you’re not alone.  Q1 and Q2 have been sluggish across the UK. An election, a year ago froze big decisions and our ‘late’ budget...

Recent Posts

  • Cash is still the killer: late payment, retentions and weak discipline
  • If the business can’t run without you, it isn’t ready
  • Turnover is vanity, margin is reality
  • The market isn’t dead. It’s just less forgiving.
  • Culture isn’t posters. It’s the founder’s behaviour under pressure

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