Services / Advisory
Running a better business means different things to different people. It might be achieving year on year growth, increased efficiency, better processes, a cohesive team or taking every second Wednesday off.
While the outcomes of running a better business may differ, the underlying philosophy doesn’t change - your business should exist to serve you not the other way around. Whether you are a startup, a scaleup or looking to sell up, you need to understand what is going on in your business now and what’s around the corner so you can maximise your chances of success.
At businessDEPOT, you get the relationship for free. You can expect us to take the time to get to know you and your business, so we can get to the heart of the issues that truly matter. We deliver practical solutions that you can implement to deliver lasting value, without the robotic mumbo jumbo.
So, whether you are just starting out, have growth on your horizons, are feeling stuck in neutral and are out of ideas, or are looking to call it a day, we’ve got the experience, connections and proven approach to align your thoughts with action.
Businesses at all stages in their life cycle need to plan. While simply writing a business plan will not guarantee success, there is no doubt that businesses that operate with up-to-date business plans outperform the pack.
Why? Because they know where to set their sails and are not simply floating along with the tide.
Reduce procrastination. Focus on key activities. Create an engaged team. Improve accountability. These are just a few of the outcomes a business will gain from developing a business plan. Get in touch with our Advisory team to help you develop your plan - irrespective of what stage you are in the business life cycle.
Being the boss of your own business can be lonely. Working with an experienced coach or mentor provides the accountability and support that you need to keep the show on the road. We work with you to develop strategies that improve performance and provide an important sounding board for discussing the issues that matter in your business.
Understanding your numbers in order to know where you should focus your efforts is an essential part of managing a kick-ass business. We can help you interpret your numbers so you can understand how they link to the key drivers in your business. In addition, we can help you navigate your numbers to make better decisions about the future of your business. Speak to us about financial advice for business owners.
Every growing business will reach a point where it needs to draw upon a broader range of skills and experiences. Establishing an Advisory Board is one way for business owners to draw upon independent expertise to provide the right advice and direction. Our advisors have broad commercial experience and are backed by the collective knowledge of the entire businessDEPOT team.
It’s true what they say - What gets measured gets done. Key performance Indicators [KPIs] are measures of the key drivers in your business. They link directly to activities that impact performance. We can help you establish the correct KPIs, understand how to accurately measure them, develop strategies to improve them and even streamline the collation of them through our Tech Advisory team.
We take the time to gain a true understanding of what drives your business and its value. Our independent experts can help with straightforward or complex valuations, providing an indicative number or a comprehensive breakdown. Valuations can form part of a larger business improvement strategy for those looking to acquire, sell or merge a business and maximise returns - sometimes an indicative valuation is enough.
We provide a review of every angle of your business. Our health check is designed to evaluate your current business performance and develop strategies and tactics for improvement. From breakeven and client engagement, to marketing strategies and business models, we can customise the scope specific for your business and lean on our extensive multidisciplinary skills or the broader experience of the Collective.
If you are just starting out or feel stuck, this workshop is for you. We take a deep dive inside your business to explore your vision, your offering, what gives you a competitive advantage, who is your target market, your brand characteristics and the resources required to run the business. This is really pressure testing your business model, challenging your assumptions and concluding with a clear picture of what the business will look like.
Whether you are thinking of selling, or are just wanting to optimise your performance and minimise risk - our sale ready assessment will take a look at ALL the aspects of your business to identify areas for improvement. Being ‘Sale Ready’ is one way to protect your business value from life’s unexpected events.
Are there areas of your business that can be minimised, or even eliminated? Identify the waste within your business and consider ways to eliminate or reduce inefficiency to increase profit.
It is never too early to start planning your business exit or succession. We work with you to consider exit scenarios and develop strategies to maximise business value. We can work with your accountants or access ours to minimise tax throughout the process.
If you still can’t find the solution from one of our internal advisors, we’ll recommend a Collective member who we know, like and trust to make it happen for you!
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Great! We'd love to hear from you. We're here to help and happy to kick things off with a coffee and a chat about your goals.
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