- consultancy, business growth, scaling up, cash flow, financial advisor
Double your profits in 12 months……or less, with Business Growth Services
We help frustrated business owners get what they want.
What do you want from your business? That means as many different things as there are people. Whatever it means for you, most reasons fundamentally boil down to 1 or more of the following 4 goals:
If you think about it those categories tend to build in the order they’re written in. It’s hard to focus on your contribution if you’re not eating!
These great things all depend on one common denominator in business… profits! Strong, healthy and growing profits. Profit is a word we love at BGS!
The level of profit in your business (and its resultant cashflow) provides the basis from which you can grow into those levels and move from basic needs to building a legacy.
If you’re making healthy profits it generates income and security. You can then afford to work on the business not in it and develop a self-managing business by building the people and systems to run the business for you. From that comes the time, money and freedom to do more of what you want and you can work on what you’re really enjoy.
Freedom to you may mean more golf, travel, family, charity or saving the world. Probably a mix of several.
Once you are free, and particularly financially free, you can then focus on what you’re passionate about. Your contribution.
Your contribution may mean saving the world. Looking after a disabled child. It may also be more business. At BGS we believe business is a worthy contribution in and of itself and is the backbone of our society and . If doing charitable work in India for 12 years taught me anything, it is that charity only goes so far. What people really want, and need, is the dignity of work and earning an income to feed their family. It is business which gives us the products and services we need and enjoy. It is business which pays for our mortgages and gives jobs to our young people. No matter what Labour politicians like to think, it is business which creates the wealth from which taxes are deducted and which pays for our outstanding public services!
The problem is many businesses do not make good profits.
Industry research indicates that:
- 30% of small businesses are continually losing money
- 30% are only breaking even
- Only 40% are profitable
Companies that are losing money or breaking even are very likely to fail. They do not have the financial strength to weather the storms of business. Research which indicates 95% of businesses fail in the first 5 years backs this up.
There are many reasons for anaemic profitability. One of the critical mistakes we see business owners making is not knowing their numbers. As a business owner, you should be all over your numbers like a rash.
Your business finances in general and your profit and cashflow in particular on a regular, monthly basis are critical indicators as to the health of your business.
Warren Buffet says “Numbers are the language of business……if you don’t know your numbers you don’t know the score”. This is because strong finances provide a strong foundation for anything else you want to do in business.
Out of many years’ experience (read mistakes and scars) of turning around and growing businesses we have developed a proven 5 step process to help established business owners “Double Their Profits In 12 Months………. Or Less!”. If you don’t believe that’s possible give us a call. We can talk you through case studies to prove it including several recent ones where we have helped improve profits by over £1 million. In order to help more business owners we have developed our processes into a Profit Accelerator Coaching Programme so you can apply the principles yourself and get the results you’ve always wanted.
If you’d like to find out more then please book an appointment to have a FREE confidential chat with a qualified experienced Strategic Finance Director here.
If you’re ambitious to take your company to the next level, we help with:
Financial Management & Accounting
To help you anchor your bottom line and cash flow and provide a firm foundation for your business
To clarify your breakthrough plan
To help drive top line sales