Trusted Business Advisors in Melbourne
Our Business Advisory services are designed for long-time business owners who struggle to get ahead. With cashflow forecasting and
management, setting budgets and developing KPIs, core values and marketing plans, your business will expand and thrive!
We’re More Than Bookkeepers
Would you like to understand your financials, grow your business and achieve success?
Our Business Advisory offerings are designed to create long-term growth for you and your business. With access to an expert sounding board, businesses over ten years old with a high turnover will benefit from our regular ongoing coaching sessions.
Essential Business Advisory Services
Business Planning
Our four-hour Business Planning meeting identifies and prioritises your goals, and creates strategies to achieve them. We will review actual performance against targets, establish a 90-day action plan to address immediate and critical issues and create a 12-month activity-based marketing plan designed to increase profits.
Cashflow Forecast
Our annual Cashflow Forecast meeting shows you the amount and timing of money coming in and out of your business. Learn to confidently plan and execute desired growth and improvement strategies to achieve positive change.
Cashflow Management
We meet with you once a quarter to monitor, analyse, and adjust your key cashflow drivers. This will improve your cash conversion cycle and maximise your cashflow. You can then predict large cash outflows and respond to changes in your business, review processes to identify potential causes of poor cashflow, treat the underlying issues, set annual goals and devise an action plan to implement improvement strategies.
Management Reporting
An initial meeting will determine which drivers to measure and ensure you understand how to interpret your reports. Our monthly Management Report is a snapshot of your business with accurate and up-to-date information that helps you understand your financial position, monitor your key drivers. This is followed by a 15-minute call to discuss your results, identify areas for improvement and set actions to ensure you’re on track to achieve your goals.
Quarterly Coaching
Feeling unsupported and trapped in the day-to-day pressures of running your business? The outcomes of our Quarterly Coaching service include increased profitability and cashflow, customised reporting templates to measure actual performance against forecasts, and access to an expert sounding board to ensure you continue working towards your goals.
Monthly Coaching
Our Monthly Coaching program provides you with accountability and support to ensure you make the best decisions for you and your business. We’ll work together to develop strategies to achieve your desired outcomes and gain the lifestyle you want.
KPI Improvement Coaching
What are your key drivers and how are you measuring them? Investing a little time each week and making simple changes can dramatically improve your Key Performance Indicators and set improvement targets. Regular coaching helps you implement a tactical plan, focusing on the process and behavioural changes required to ensure improvement.
Virtual Planning for Success
Our monthly Virtual Planning for Success workshop teaches you how to minimise procrastination and stress, understand the little things that have the greatest impact, learn best practice strategies, take control of your business, unlock your true potential and achieve the results you want. You’ll identify, define, and prioritise your key goals and be held accountable to achieving them in a highly supportive group format with non-competing businesses.
Annual Accounts Review
Most business owners don’t have a background in accounting, yet it’s essential to understand your Annual Accounts. We can help you develop your financial skills, understand your annual accounts, and be empowered to make better business decisions.
Complimentary Client Review
As a valued client, you’ll receive at least one Complimentary Client Review (CCR). In fact, this is an annual event for a number of our clients. The CCR is an opportunity for you to set and review your goals and gives you clarity around the actions you need to take to achieve those goals. It also stimulates strategic discussion and identifies burning issues, opportunities, and challenges so that you respond effectively. And of course, it’s an opportunity for our team to identify greater tax efficiencies and asset protection.
Cashflow Profit Improvement Meeting
The first step to manage your cashflow better is to determine your business’s Cash Conversion Cycle. We can identify strategies to shorten the cycle, increase profits and implement strategies to improve your cashflow and profit, setting up your business for success.
Additional Business Advisory Services
Core Values Development
Core Values are the essence of a company’s identity. They also make leading and managing a team and client expectations much easier so you’re more likely to achieve your business goals. After completing some pre-work to get you thinking about your values and vision, our 4-hour session will guide you through a structured process to create up to five Core Values with definitions that will underpin the expectations of behaviour within your organisation.
Effective Governance
Every business has a governance function, no matter how small. Good governance is essential and a Governance Plan is crucial in minimising risk, reducing stress and increasing your company’s value. We’ll help you develop a Governance Framework Plan and Governance Action Calendar, identifying significant opportunities and risks to be managed, maximising shareholder value and achieving your strategic goals.
Organisational Review
Many businesses aren’t clear about each person’s defined roles and responsibilities. Often, business owners wear too many “hats”, meaning little time is available for business strategy or high-level activities that create real value for the business. Our Organisational Review helps you build a functional Organisation Chart that visually defines departments, functions, roles and responsibilities. We’ll help you structure your business so it’s more sustainable, scalable and, ultimately, saleable.
10 Hats Workshop
This three half-day workshop with non-competing businesses is spread across three months. You’ll learn the principles and fundamentals of an Organisation Chart and build your first draft at the initial session. You’ll build job descriptions for key roles and formulate a plan to roll out your new structure and maximise team performance.
Marketing Plan
Every business should have a Marketing Plan.
We help you create a 12-month activity-based Marketing Plan with clear goals and actions to generate more leads and improve customer retention. We’ll help you clarify your purpose, positioning and unique selling point to target the right audience. Learn to understand your marketing Key Performance Indicators (KPIs) to measure the effectiveness of your marketing strategies to deliver the best outcomes.
Value Based Selling
Values Based Selling increases productivity, efficiency and profit. It gives you price certainty and eliminates fee surprises for you and your clients. This coaching program will help you build your sales knowledge, focusing on powerful selling techniques, writing sales proposals and defining your Terms of Trade. We’ll also help you create and implement an ongoing Sales Action Plan.
Succession Planning
Succession Planning defines the steps required to turn the future of your business into a reality over the next 3–5 years. Our half-day Succession Planning session identifies important considerations, succession options and processes relevant to your business. Your robust Succession Plan will define your succession timeline, identify your ideal succession scenario and review opportunities to improve your business value and vulnerabilities you need to manage. Quarterly and yearly goals and actions will ensure your business is in the best position to achieve maximum return on your hard work and investment.
FAQs
Contact Us Today For Your Free Business Advisory Call!
Contact Us Today For Your Free
Business Advisory Call!
Business Advisory Call!