Services
Business Diagnostic Package
What income should you be able to make out of your current business?
Many businesses have a reasonable turnover, but most of the money that comes in the front door gets spent out the back door.
Every business owner has the opportunity to put more of this money into their back pocket. To do this, they need to know where the immediate opportunities for increasing income are and the dollar value of what they are worth.
The Business Diagnostic identifies where the opportunities are for additional income across 11 core areas of your business. We call this profit leakage.
The difference between the income you currently make from your business compared to what you want it to be can be referred to as "Profit Leakage or an Income Gap". The Business Diagnostic assesses the ability of your current business to close this gap.
The Business Diagnostic looks at 11 key drivers that determine the "Income Potential" that your business should be able to provide you with.
Business Planning
How should a successful business be put together?
Most owners start their business with a product or service (at the base of the triangle) and they find customers. Once these sales and marketing tactics have established the business, the owner finds they need to manage their finances as expenses and wages start to eat away at their profits. This is when the owner needs to start controlling all areas of the triangle otherwise the business will start controlling the owner. Most business owners will usually focus on the day-to-day operational elements (red areas). Often this leaves very little time to plan for growth by working on the strategic elements (green).
Strategic Elements (Planning)
The "Strategic Elements" (green) are where the owner works ON their business starting with a clear path for growth towards their vision. The strategy needs developing to take the business towards its vision. This planning process will change the way the day-to-day activities are approached and improved. Without time spent on the Strategic Elements, businesses tend to get bogged down in the day-to-day running and do not achieve their growth potential. Not only is the owner unclear on how the business will grow, there is usually no plan that spells out to the staff where the business is going and the role they will play in getting it there. In this scenario, the owner finds themselves fighting fires rather than proactively growing the business.
Operational Elements (Day-to-day)
This is the day-to-day running of the business that takes up most, if not all, of the owner's time. The Operational Elements are where ConsultX's unique "Business Diagnostic" will find strategies to increase the income the owner is taking out of the business. This can be quite substantial if the business has been operating for a long period of time.
Performance Management and Plan Implementation
The Business Success Programme provides a structured framework to deliver the income you want from your business. Your Business Success Partner will work with you to positively transform your business throughout the three phases. The first 8 weeks kicks off with weekly meetings. From there, ongoing fortnightly meetings will be scheduled with your Business Success Partner to get you on the track to success.
Professional Training
People are the intelligence of any organisation. As an organisation grows and evolves, it can be easy to overlook an important area of learning that can add real value and solidify your future.
Businesses and organisations that value learning are in a better position to succeed and thrive.
Business Success Programme
Our complete business improvement process, The Business Success Programme, is designed to give you a cohesive path to success. Your Business Success Partner will guide you through every step from Diagnosing your current situation, to building an improvement plan and implementing it over the long term.
This process is our core service and one that will propel you and your business to success.
