Business Analysis

Do you want to increase the value of your Business?
If Yes, you need to be able to track your progress.

We often meet business owners who don’t monitor their figures and team performance accurately.

It’s important to track the top line but this isn’t what goes into your pocket at the end of the day.

Being willing and motivated to increase your business value is great but it’s critical that you’re able to track your progress.

When one business makes $100 of turnover and $10 of profit while another business providing the same products or services in the same market makes $70 of turnover and still $10 of profit, there are obvious signs that the first business is not efficient even though it is making money.

	Company A	Company B
Turnover	100,000	70,000
Profit	10,000	10,000

Given that Company A and Company B are in the same market, which one would you rather operate?

As a business owner, you want to ensure that you reduce inefficiencies and waste, but in order to do so, you must be aware of these shortcomings. Ratios and Key Performance Indicators (KPIs) are an important part of the answer.

Do you know where you stand compared to your competitors?
Do you have a precise view of your gross profit margin – not only for your whole business but per project/client?
Do you know your monthly break-even point?
Do you have cash flow issues linked to a lack of reporting?
Do you know how your team is performing?

It is critical to have the proper cost allocation per activity. Following our engagement, some of our clients discontinued one or more of their business activities because they discovered they were no longer profitable. Before working with us, numerous businesses had no idea that profitability difficulties existed in those areas.

You also want your employees to be held accountable.For example, if you discover that all of your clients’ call backs are about the work of a single specialist, you may take action to address these issues.

We can help you boost the value of your business by assisting you with the establishment of correct financial reporting and Key Performance Indicators (KPIs) such as Sales, Quality, Cost, Delivery, and Safety.