Starting and then growing a business can be overwhelming, intimidating and at times lonely.
Where can you get the right support?
When working with Business Owners to support them in improving their business performance, I will work with them to understand how they are addressing each of the following areas:
Goals:
Do you have personal goals?
Are your personal goals aligned to your business goals?
Do you have clear goals to improve and grow your business?
Do you have clear milestones and outcomes in order to achieve your targets?
Financials
Do you have finance systems in place which effectively measure your business’ financial performance?
Do you review the financial performance of your business on at least a monthly basis?
Do you understand the key financial drivers for business success?
Can you forecast with reasonable certainty the future financial performance of your business over the next 6-12 months?
Current Clients:
Do you know who your top Clients are?
Are you actively developing and cultivating your existing Client relationships?
New Clients:
Do you know who your target Client is?
Do you have a marketing plan underway to win new Clients?
Are you reviewing your plan on a consistent basis?
Process and Systems:
Are you dependent on key staff to get things done?
Are you, or one of your staff working excessive hours?
Do you have a person who can run your business when you are away?
Self Improvement:
Do you have an understanding of key concepts related to developing and managing a business?
Do you dedicate time on a weekly basis to develop your skills and mindset in order to improve and grow your business?
Transcend is a team of experienced business advisors and mentors that provides a support network to business owners who are looking to grow their business, improve efficiency or increase profitability. For more information refer to www.transcendhcs.com.au.