Regardless of how well a business is performing, there is always room for improvement but often, the business owners are too involved in daily operational issues to examine improvement and expansion opportunities. This is doubly true when the business is not performing to expectations, and the time and energy of management is involved with mopping up after every crisis. In either scenario, independent, professional advice and assistance is invaluable to help position the business for the future.
What Does the Business Advisory and Improvement Programme Cover?
Affinity Accounting Plus has a business advisory and improvement programme that offers an objective assessment of the state of the business and identifies areas where improvements are needed and profitability is being lost. Just because a business is making a profit does not mean it is operating at maximum capacity or providing the owners what they want. Equally, when a business is making a loss, provided the situation can be retrieved quickly, it can recover its former prosperity.
The focus of this programme is on what we company calls the ‘Top 6’ factors of business improvement. Without attention to these factors, any business can soon strike problems. Growth, profitability and cash flow are all essential to a successful operation, and asset protection is necessary to guard against unforeseen circumstances. Having a suitable exit or succession strategy will ensure the longevity of the business if the owners depart, and finally, lifestyle improvement is really what owning a business is all about, but is often forgotten.
Objective Assessment Removes Emotion from Process
There are several programmes on offer, each concentrating on particular areas of the business and each implemented by experts in that particular field, including aqualified business accountant. One of the many benefits of being involved in these programmes is being able to set aside emotional attachments and pre-conceived opinions, and see the business through the eyes of objective observers. Affinity
Accounting Plus is very experienced at providing these business improvement programmes and very good at assisting businesses to achieve positive results.
The consequences of doing nothing to help an ailing business, or in not planning for the continuation of a successful one are many and varied, but typically include an inability to attract and retain good staff, loss of key clients, problems with unreliable suppliers and unnecessary hold-ups in key processes. These all contribute in one way or another to a loss-making situation, or the business under-performing and not reaching its potential. This places increased stress on the owners and jeopardises their lifestyle and future plans.
These are very compelling reasons to enquire about the business advisory and improvement programme and how the experts at Affinity Accounting Plus can assist you. Their details are all at www.affinityplus.com.au.