Business growth is a key area for any business and we have put together a number of Growth & Development Tools that help you as the business owner focus on the development of the business and plan for the exciting growth in the year ahead.
There is information on each of our services and examples of some of the reports to help you understand how powerful some of these tools can be when implemented in your business.
1. Lack of management systems
2. Lack of vision and purpose by principals
3. Lack of financial planning and review
4. Over-dependence on specific individuals in the business
5. Poor market segmentation and strategy
6. Lack of knowledge about the market and competition
7. Failure to establish or communicate company goals
8. Absence of a standardised quality program
9. Inadequate capitalisation or lack of funds
10. Owners concentrating on the technical, rather than strategic, work at hand.
As a business owner do you know how to interpret the numbers in your accounts?
With our easy to understand guide we guarantee that you’ll have a much better idea of how to understand what’s going on in your business. Just by looking at the numbers so you can see the key issues there, and if you can understand the numbers in your accounts much, much better, understand the key issues, the underlying concerns perhaps, what’s good, what’s bad, you’ll be able to make much better decisions in your business. We examine the accounting and measurement systems that you want to put in place to enable you to make better business decisions.
One Page Plans
A simple and easily understandable business plan that fits on to one page of A4. The One Page Plan tells you how you are doing, helps you to identify the areas you need to work on, and forces you to think about, record and monitor the action you are going to take to do even better in the future. The OPP is easy to update on a monthly basis – making it a living document that always records the most up to date performance information and the most up to date action plans To download a copy of the one page plan – Click Here
Growth Accelerator Training
Fail to plan – plan to fail! It’s a cliché but true, you might not fail completely but you may fail to reach your full business potential. For ambitious entrepreneurs who want to grow their business by at least 20% per year for the next three years. Do you have a detailed plan on how to achieve the business results that your efforts deserve? Without a vision and goals how will you know whoever you have achieved what you wanted when you set out.
Systemising of your business
Simple Stuff that Works
The end goal with the majority of businesses is to sell them as part of the owner’s retirement plan. However, many owner-managed businesses are not worth anything because the owner is the business; take him or her out of it and there is nothing left. Aspirations have many years of experience in helping to increase the value of businesses in a variety of industries. The answer is simple – systemise. The concept is simple but the process can be timely and difficult. Most owners don’t have enough time in the working day as it is and many sacrifice time with the family to work in their business. They reason with themselves that they are providing for their family and that it will work out in the long run. With systems in place you can take yourself out of the business secure in the knowledge that everything will be done exactly the way you would have done it yourself. Please contact us to find out how the Aspirations team can help you through this process.
Software that will improve these 7 key growth drivers:
- Increase the number of customers you have
- Convert more leads into sales
- Get your customers to spend more with you
- Get your customers to spend more often
- Ensure your customers remain your customers
- Price for profit
- Systemise everything
The small things you can do really make a difference to your business In the 3 modules of SSTW, business owners explain what they’ve done to help their businesses grow – how an electrical contractor got their existing customers to buy more, how a haulage company found a way to make their customers stay loyal for longer, how a pet shop owner increased custom in a quiet period. There are dozens more real life examples in the software, which also calculates the potential financial impact of putting these strategies to work.
A member of the Aspirations team will spend a period of time in your office. This can be anything from 2 days to 3 weeks but the average is one week.
Your organisation, product/service, team and systems will be reviewed using a SWOT analysis.
At the end of our time with you, we will prepare a RECOIL report which is a measure of your business potential based on existing:
R – resources
E – experience
C – control systems
O – organisation
I – ideas base
L – leadership
The report will be broken down into various sub-headings with further subsets to support the findings. We will then then meet with you to discuss the report. A presentation can be given to your team which will include everything you are happy to share with them. Recommendations will be honest so be prepared for constructive criticism. The more we find then the more potential there is to improve so any criticism will be a good thing. We will then work with you to devise a list of action points and set some due dates.
A follow up meeting will be held to see how the changes are coming along.