What is your business strategy?
Is it to grow to a certain size and exit via a listing or a trade sale?
Or are you looking for a business growth plan followed by a succession plan so you can spend more time on your boat or with your family and keep control? Either way, you need to plan your strategy well ahead and monitor it frequently.
Maybe you want to grow by strategic acquisitions, and this might need business planning to raise finances or acquisition to make yourself more attractive to finance float or acquisition?
This is when it's useful to have experienced support because to do any of these things successfully, you will need to plan for it.
One example that draws this into focus is the fact that 14% of businesses listed with a broker never sell; over 80% of businesses never sell. This means many viable businesses are folded when the entrepreneur reties, and most entrepreneurs retire broke.
So how many of you let your marketing agency or just do stuff without any strategic plans behind it is essential to get all of your strategies in the right direction. You need to replace tactical marketing with strategic marketing.
We can show you how to gain substantial value and profitability by applying strategic marketing for a powerful exit strategy. Suppose that's what you want to do. It is no accident why some businesses are valued in the millions at the exit, and we can show you why some
businesses attain such high values and exactly how you can replicate this.
Business Strategy Business Consulting Wellington
If you are looking for 7 Leadership in Strategic Management Tips From Business Consulting Service in Wellington, then you have come to the right place
We see a business like a driver driving a well oiled six-cylinder machine.
One - A well-informed driver, Or you could say, management team
Two - A clear map, a very purposeful roadmap
Three - A well-planned course or route
Four - A responsive steering wheel to get around the corners at the right speeds.
Five - Synchronize gears so you can't accelerate & slow at the correct rate.
Six - A good reliable motor or engine to drive the vehicle and the business.
Seven - A well managed fuel flow finances need to be manage properly.
Always remember that gross sales or turnover is vanity, and net profits are sanity. And poor cash flow kills, and if your cash flow is not managed correctly, that will kill your business faster than anything else. So this is precisely how productive enterprises operate. The driver is you or the management team, the business owner and the manager. The plotted map is your plan or strategy. And the planned course is sales or could be likened to your sales and marketing efforts. The steering wheels are the system's processes of the business, and the systems that make a productive enterprise the gears or drive, the car, like the operations within your business and the people are the motor in your industry. You need good people, but you need to manage people, you know, you need to guide them. It's no good expecting everyone to understand what needs to be done. So being frustrated with that situation, you need to set up the policies, processes and systems, show them guide them, nurture them and maintain that not fearfully or aggressively but in a calm, nurturing way. And that's how you're going to get the best out of people because we like to perform, we want to do things well. And we like to be rewarded or at least acknowledged for having done so. So how you maintain and manage your people is essential for your business. And your cash flow is your fuel supply to your motor. And you need to understand this. It would help if you rewrote how your cash is displayed. Accountants typically set your Xero or your finance programs up really to suit their needs, which is the sort of p&l approach to identify depreciation and tax liabilities etc.
It would help if you looked at finances slightly differently, probably, so you can see what's going on in your business from within each division. So you can plan on which areas to grow and which sites are not your loss leaders etc. You need to be able to see this very quickly in one easy to digest view. If all these are maintained efficiently, you will get the productivity that you desire. If any of these fail or are underperforming, the whole system is slowed down to the lowest common denominator. So wherever your restriction is, the entire business will be limited to that restricted point. So it would help if you got all of these points flowing correctly. So what we do is a complete business assessment audit, like a service from top to bottom, for example, you might want to improve your sales or SEO, or SEM, SEO is Search Engine Optimization so that you naturally show up in the search engines. Well, an SEM stands for Search Engine Marketing, which is basically the paid marketing using search engines or your general online marketing or traditional marketing to grow or maybe even to EXIT the business or even for a SUCCESSION plan. But if you don't get everything working correctly, you're not going to achieve any of these things successfully. But if we don't know which divisions are profitable or not, or your cash flow can't cope with your systems or your systems are not streamlined, then all we're going to do is worsen your problems. In this example, we might start with your finance systems; you probably started your business because you excelled at a particular service offering or developed a unique product. This is often why businesses started an entrepreneur is exceptional at something, offers it and finds customers; then, over the years, your business grows and by adding further service and products either by design purposefully planned for a customer just asked for them. So you start doing it, and another customer is asked, and so you grow kind of organically but more through something called serendipity as opposed to business growth by design. Fast forward a few years, and now your business is more complex. Unless you have continued to keep your financial controls and your system's policies and procedures up to date, you may find your systems become cumbersome. You won't necessarily have such a clear view of the business; you might feel something's not quite right or a sense that something isn't quite right. Still, you might not be able to pinpoint it so quickly. Be your productivity is suffering or not know where or how exactly, but your gut feeling or intuition tells you that something is not quite right you feel there's a problem but cannot pinpoint the issue. The more you try to solve it, the more frustrated you become because one problem leads to the next, and it's like finding a single tree in a forest of trees. It's time to stop and think and remember the term can't see the wood for the trees. This reminds me of when Piglet went to Pooh's house; you know Winnie the Pooh and Piglet went, Pooh's house and pooh was not there, and the more Piglet looked, the more pooh wasn't there. This is when you need an experienced business growth consultant to avoid the frustration and help you quickly navigate the obstacles, and bring your business back on track. We'll give you a total business makeover, identify precisely what is affecting your business growth & productivity, and give you proven strategies to solve them. So we're not going to be experimenting and try this try that we will identify the issue and give you a system that we can implement that has worked a 1000 times before, okay, and we'll show you how to use it, and we'll solve that problem. Business Consulting Wellington Seven Business Growth Consultant Strategies
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for more watch our next video called: 'Marketing Turnaround Strategy Business Consulting Wellington'
Watch our 7 part series on business growth strategies See Video No 3 called
'Sales & Marketing Business Consulting Wellington'
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.
Publishers and advertisers can decide how to present their content and what technology vendors to use, all while maintaining and improving key performance indicators.