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.
Our experienced business advisors work with business owners and key stakeholders, to take your business to the next level. They get to know you and your business, identify key opportunities for growth and the areas that need extra attention. To get on top of your strategy, you need to consider the seven key drivers of your business: strategy & leadership, marketing, sales, team, innovation & tech, operations and financial & legal. Some of them may have a relatively small role in your business today, but it’s essential to understand where they sit. Our advisors can provide an impartial view of your business, harnessing their financial and business knowledge to evaluate these areas of your business and where they sit within your strategic goals.
De-risk your business decisions
As a business owner knowing where to take your business next can be difficult, our advisory team is here to help you make informed, confident decisions by exploring the key questions that could shape your business’ future:
- 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 or decrease my workforce by 20%?
- How can I exit the business in 5 years?
These questions and more can have a significant impact on the direction of your business. Having insight into the answers before taking action can leave your business in a better position, helping you make decisions with clarity and confidence.
Harnessing the right technology, combined with the human touch of our expert team, we can drill down into the nuances of your business, identify strengths, weaknesses, and opportunities, and drive strategic thinking. Ultimately, our goal is to help you achieve your goals while considering the many factors involved along the way.
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.
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“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
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