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The Answer is in the Balance Sheet

Written by Michael Warrington, Chief Executive Officer AX Group Business restructuring is tricky. There are a number of angles that can be adopted to turn a business around but the approach that I have always preferred is to start with a close examination of the balance sheet. It is there that many of the answers […]

Don’t Put all Your Eggs in One Basket

Written by Albert Bonello, Chief Financial Officer AX Group One of the most difficult decisions that businesses face across the globe is whether to diversify or not. Business diversification can open up a number of opportunities, but the risks and uncertainty tied to this strategy can have long-term repercussions. So why do businesses opt for […]

Succession Planning in Family Business

Written by Michael Warrington, Chief Executive Officer  AX Group In Malta, most local businesses are family-owned and managed. Many of the businesses are passed from one generation to the next. A relatively small percentage of businesses make a successful transition to the next generation. The reasons why so few transitions succeed are varied. Internal family […]

The Pitfalls of Part-Time Work

Written by Denise Micallef Xuereb, Construction & Development Director AX Group  I believe in women and feel strongly about their entrepreneurial skill sets. As a company, we have always promoted women, even in high ranking positions. Locally, however, I feel that, although the situation is constantly improving there is still a long way to go. […]

Every Cloud has a Silver Lining

Written by Romina Pace, Head of Human Resources-AX Hotels None of us could really understand the impact of COVID-19 when it struck us way back in March.  The only certain and common factor amongst different nations and communities was our undeterred focus to protect and safeguard our loved ones, the elderly and the vulnerable, healthcare […]

Don’t Try to Fit a Square Peg in a Round Hole

Written by Denise Micallef Xuereb, Construction & Development Director AX Group  Speaking at the Malta Chamber’s A Family Affair conference, Ms Xuereb said that the key to success was by not trying to fit a square peg into a round hole – meaning that the succeeding generations had to take up the role not out […]