Bonny on the Clyde
Bernard Dunn, managing director of Glasgow-based broker MacDonald Reid Scott, talks to Andrew Tjaardstra about 25 years of steady, organic, debt-free growth
MacDonald Reid Scott (Insurance Brokers) hasn't made a single acquisition in its 25-year history and does not shout about extravagant growth targets. As MD Bernard Dunn comments: "Growth is very measured. In 2003 we crossed over the £10m threshold and we want to be a service-led broker. Our latest three-year plan, which was penned last November and is reassessed every six months, is to achieve 15% profitable compound growth per year. We are not in debt and are self-financed."
The broker is almost
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