Strategy and Business Improvement

Nobody knows your business like you do, but whether you have 2 staff or 200, running a business can be a lonely place. Time is scarce and so often in business, decisions are made without being afforded the time and consideration they truly deserve. This is the kind of thing that keeps business owners awake at night, yet it can be avoided. Firstly, you need to recognise that it doesn’t need to be this way. Secondly you need to know you’re not alone and that help is out there.

The next challenge is to identify what needs to happen in your business to give you more time. We believe that there are 7 Pillars in every business that are critical to success and whilst each pillar is weighted differently according to what you do, every one of them needs consideration. The pillars – Strategy & Leadership, Marketing, Sales, Team, Innovation & Technology, Operations, Finance & Legal – all have a role to play in your business.

De-risk your business decisions

To support our advisory service, we have developed ON.TRAC, a process that enables us to answer those burning questions you may have about your business but may not have the time to explore. What will happen to cashflow if I take on that huge contract? What will happen to my bottom line if I ditch that client? What if I increase/decrease my workforce by 20%? How can I exit the business in 5 years? These questions and more could be important to the future direction of your business and having insight into the answers before committing to the actions can leave your business in a better position by taking the risk out of your decisions.

Harnessing technology, accompanied by the human touch of our expert client advisory team, who have vast commercial knowledge, the ON.TRAC insights process is an invaluable forecasting opportunity that allows us to identify the strengths, weaknesses and opportunities within one or more of the 7 pillars by drilling down to the nuances of your business and driving strategic thinking. Ultimately, we are able to help you achieve your goals, whilst taking into consideration a range of factors in the process.

Don’t take our word for it, see how Wilson Partners helped Tech City Labs stay ON.TRAC…

During our first session, we spent more time focusing on gross profit and revenue per head, as opposed to topline revenue growth, which was initially a surprise to us. The results however were astounding. We couldn’t quite believe the overall Impact a few small percentage point changes with regards to gross profit, (without any topline growth may I add), would have on both our net profit and cash position. We almost fell off our chairs!

The process really helped to validate a strategy we’d been toying with for a number of years and these sessions gave us the confidence to pull the trigger and pivot our ongoing strategy to accommodate. Off the back of these sessions, we’ve been able to create a clear recruitment strategy, which we’re confident now, will help us to build a more profitable and sustainable business for the long term!

– Rebecca Halifax, Tech City Labs

Once you have a strategy in place, we can help you on an ongoing basis in a support role, whether that’s chairing your board meetings, becoming a non-exec director or a Virtual FD. So, if you want to know more about our advisory service and how you can benefit from our advisory service, please get in touch for an informal discussion and let’s get your business ON.TRAC.