Whether you’re a start-up or a well-established business, success begins with good planning. However, for many busy business owners juggling a myriad of important tasks every day, finding the time and headspace to develop effective plans is always a major struggle. Our consultants work with you to understand the current gaps in your business and create comprehensive business and action plans to help you identify and achieve your objectives.
Our consultants will help to analyse your business customers and revenue drivers to help you attract more customers and grow your revenue while also reviewing your costs to identify any inefficiencies which may be impacting your profitability. This is such a vitally important process which is often overlooked by many business owners who are spending all their time working in the business.
This program is designed to work on business and staff performance and accountability. It is designed to unlock ideas and talent through engaging staff and measuring overall business performance through dashboard reporting and Success Scorecards focussing on the most relevant and important areas of your business. This will ensure you always have up to date information with which to build the be strategies and plans for your business and quickly identify problem areas (potentially before they become serious issues).
Our BizNeedz consultants will work with you on streamlining your business systems and processes with a view to cutting out inefficiencies. This work will often lead to improvements in productivity, quality, customer satisfaction, profitability and reduced risk of legal liability.
Our Virtual CFO services provide your business with a variety of comprehensive financial solutions based on your needs including:
Budget forecasting – a necessity for any successful business. It will ensure you set financial targets against which you can measure your performance on an ongoing basis. This is critical for any business seeking funding from external parties.
Cashflow analysis – As the saying goes, “Cash is king”. Understanding your cashflow is imperative to ensuring your ongoing survival (will you have enough money to pay all your expenses every month?) and assist in key decision making e.g. is it the right time to expand the business or are we holding too much stock?
Financial reporting – successful business requires up to date and accurate financial information on hand every month. It not only ensures the business can meet its legal and regulatory obligations but also can enable better decisions through understanding revenue, costs and profitability by product and customer segment.
Bookkeeping services – Keeping financial information accurate and up to date can be a mammoth task for some business owners. We can alleviate much of this burden through our bookkeeping services which are flexible and tailored to your business needs.
Supply optimisation – the buying of products and services that a business needs to operate efficiently every day is not only a critical task but one that is often understated by many owners. Buying correctly can greatly impact a business through increase gross profit, reduced overheads, and improved business resiliency when strategic relationships are formed. Understanding your buying patterns, supply chain dynamics and contract structure can significantly improve your buying behaviour and outcomes.
An Advisory Board is a body of established professionals that advises management of a business or foundation. Many successful new or small businesses choose to establish an advisory board to benefit from the knowledge of others, without the expense or formality of a Board of Directors.
We aim to establish advisory boards which are flexible in nature and structured to best suit your industry, drawing on the experience of industry professionals if and as required to help you build a high performance business.
Services designed specifically around reviving a struggling business. When your business is in the doldrums it can often be difficult to see any light at the end of the tunnel. Our Business Turnaround services provide a step by step program focussing on taking stock of where your business is at, understanding your current cash position and cash burn rate, managing creditors and other external parties, identifying opportunities for growing your revenue and reducing costs, all while building resilience into your business operations as well as yourself personally.
Are you thinking about selling your business? Even if you’re not, all business owners should consider what their ultimate exit strategy should look like. What is the business worth today and how much would you like it to be worth in the future? How do you best prepare your business to be attractive to potential buyers? How well would your business operate without you?
We will work with you to implement proven best in class systems designed to improve the value of your business. The outcome will be a plan to sell your business for more money or smoothly transition the operations to your nominated successor.