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Want to know more? For a complimentary meeting to discuss how we can help you and your business, contact us today.

This can take many levels:

1. Goal setting and performance review

Any time is a good time to make a business plan when none is in existence, however it is particularly relevant at the start of a new financial year. If you are contemplating a major change in an existing business or entering a new business venture, a business plan is crucial.

Most banks now require a business plan to support any financial applications.

• Discussing and setting both personal and business goals for the next 12 months.
• Discussing and agreeing on an action plan with strategies to support achievement of goals.
• Identification of Gross Revenue Targets and Key Performance Indicators.
• Identification of opportunities and vulnerabilities in your business that need to be managed.
• Establishment of a 90 day Action Plan to address immediate critical issues.

We will provide you with “pre-work” which you will be required to complete prior to the planning meeting to ensure you identify any issues that need to be discussed and so we can prepare any information required prior to the session.

It will help you:

• Avoid procrastination
• Prioritises your goals
• Creates strategies for you to achieve goals
• Identifies what you will need to achieve your goals. This could be a combination of marketing, training, performance management, increased resourcing and cost cutting
• It sets time frames for achieving goals and therefore provides accountability
• Provides a tool to communicate business goals and vision with your team
• Divides your goals into short term and long term — Quick Win vs. Key Projects
• Provides you with a template to review actual performance against targets
• Provides you with a platform to develop Financial Forecasts
• It can be used as a basis for you to set team members’ individual goals/targets

2. Financial Awareness

Do you struggle to understand the numbers, do you know what your profit was, do you feel confident when meeting with your bankers.

We can help you  to understand the numbers, have more confident discussions, make informed decisions, and improve your business performance.

• Develop an understanding of your key financial reports
• Gain knowledge of key accounting concepts
• Learn how to report on cash flow and profit
• Begin to produce your own customised reports on a monthly basis
• Understand how to better manage your debtors and creditors
• Learn how to monitor income and expenses throughout the year
• Find ways to save time on admin tasks that could be automated
• Identify weaknesses/areas to work on between meetings to get better results
• Iron out any existing errors (formats, coding, analysis, timing differences)
• Start to understand other information you may need to capture monthly (e.g. stock, debtors, creditors) and how to do this easily

3. Quarterly coaching

We appreciate that owning your own business is hard work; the purpose of quarterly coaching is to provide you with accountability and support to keep you on target towards achieving the goals you have set in your business plan.

We will ensure your business plan remains a live working document and is a filter through which all decisions are made.

• At times as a business owner do you feel alone and unsupported?
• Do you find it difficult to make time to work on your business rather in the business?
• Are you keen to find out new ways and strategies to improve performance and overcome business challenges?
• Would you value having a regular forum with an independent third party to discuss your burning issues and opportunities?

This coaching program consists of quarterly meetings, with one of our senior team members plus phone and email support.

The purpose of each meeting is to review your actual results, clarify areas where you can improve your business performance, set 90 day goals and identify strategies to achieve them.

As a result of each meeting you will develop a realistic 90 day action plan with timelines to keep you on track to achieve your Annual Business Plan.

You will have unlimited access to our expertise and resources to enable you to implement the best business practice.

From this you will gain

• Increase your ability to make effective strategic decisions
• Helps you to understand the key functions within your business and who should be responsible for them
• Gives you a clear definition of the internal structure of your business
• Allows you to determine ideal roles for the business as opposed to fitting roles to the people on your team
• We will act as a “sounding board” for you to discuss your ideas
• Access to our collective wisdom – our systems, products and services
• Develop a business structure that you understand and have created
• Increased efficiencies and productivity in your business model
• A structure to support the future plans for your business
• Clarity for your team about their defined roles, responsibilities and career development opportunities
• Increased team satisfaction as they know what is expected of them within their roles
• Clarity on what functions can be outsourced
• Allows your business to be more sustainable, scalable and ultimately saleable
• Frees up time for you to concentrate on revenue generating activities