Our business development services are practical, tangible solutions that help to create long term value. Business planning is a great starting point.
An effective business planning process gets to the heart and soul of your business. We’ll get a detailed understanding of your vision and core values, then meet with you for a four-hour planning session to help you create a clear and concise business plan.
This session is an opportunity for you to take time out from day-to-day activities in the business to focus on the business. Together we’ll review your past performance and clarify your future direction.
We’ll enable you to review actual performance against targets and establish a 90 day action plan to address immediate and critical issues. We’ll set solid and realistic business goals and define strategies for achieving them.
At the end of the session, you’ll take away your easy to understand one page Business Plan which will act as a guide for you (and your team) to successfully implement the changes necessary to get your business on course for success.
Our business planning service eliminates procrastination – a factor that is all too common in business!
Key benefits of a Vibrant business planning session:
Any time is a good time to complete a business plan, but business planning is crucial if you’re considering a new venture.
We’ll help you develop a growth strategy plan, by helping you fine tune an approach to reflect your unique situation. We’ll take into consideration your industry and niche, review your analytics performance to date, take a look at your current offering and compare this to your competitors.
We’ll help you:
Management decisions rely on a sound understanding of the financial drivers in your business. Financial awareness coaching is a great starting point for you to gain confidence to successfully lead and manage your company.
This service enables business owners to fully understand and interpret their numbers, gaining a strong foundation on which to manage their cashflow and grow their business.
One of the Vibrant team will be your coach and every two months, we’ll meet to discuss and review your financial results, and we’ll show you how to produce and interpret your own customised financial reports on a monthly basis.
The focus of each meeting will depend on your needs, objectives and business direction.
Financial awareness coaching means you’ll:
Financial awareness coaching will help you to understand your key financial reports so that you can:
Financial awareness coaching will develop your knowledge and skills to identify big issues and address them effectively. We’ll also help you identify areas where you could save time on admin tasks that can easily be automated or delegated.
Your coach will hold you accountable by reviewing your monthly reports before each meeting. This accountability will positively impact the way you manage your business and teams’ performance.
Financial awareness coaching is an important investment for you personally – and for your business too.
As a business owner, sometimes you might feel alone and unsupported. You might feel frustrated that you often spend little time working on your business because you’re trapped in the hamster wheel of the day-to-day. Investing in a business coach might be exactly what you need.
Running your own business is hard work. The purpose of our quarterly coaching is to provide you with the accountability and support to keep you on target towards achieving the goals you’ve set inyour business plan. We’ll make sure your business plan is a living, working document and is the lens through which decisions are made.
Our quarterly coaching service provides regular accountability and gives you the opportunity to discuss burning issues and upcoming events that are key to your business planning. We’ll help you review your results, clarify areas where you can improve, set 90 day goals and identify strategies to achieve them.
Coaching isn’t just about increased accountability, profitability and cashflow. It’s about achieving the work outcomes you want in order to live the life that you want. The quarterly coaching programme can also be used to guide you through major changes in your business, when you might need some extra support.
Quarterly coaching gives you a regular dedicated time to think about your business, enabling you to make better business decisions, utilising knowledge and support from your coach.
How you’ll benefit from quarterly coaching:
Get in touch today – we’ll help you achieve your business goals.
We’ve developed this service to enable business owners to understand the key drivers or KPIs in their business. We want you to know what success looks like for you, how to accurately measure that and then apply strategies and tactics to continue improving and driving growth.
First, we work together to establish the key drivers in your business. These may be financial, (e.g. gross profit margin) or non-financial (e.g. customer satisfaction ratings). Then, we’ll show you how to measure each KPI and set improvement targets.
The number of KPIs you monitor should be limited to those that will make the most powerful difference to your business and should be aligned with your annual business plan.
We’ll coach you on a monthly basis to implement a tactical plan that covers the business processes and behavioural changes required to ensure your KPIs head in the right direction.
Want to better understand how to drive increased profit, cashflow and ultimately, business value? Get in touch!
Benefits of our KPI improvement service:
It’s easy to put KPIs in your ‘too busy basket’ but investing a little time each week could pay big dividends, improving both your business performance and personal life.
Call us today to see how we can help you establish, measure and improve your KPIs.
Many businesses lack clarity around their team’s roles and responsibilities. This often means owners wearing too many ‘hats’ and spending little time on strategic activities that create real value for the business.
An organisational review will help you build a functional organisation chart which visually defines departments, key functions, roles and responsibilities. We will help you to structure your business so that it is more sustainable, scalable, and, ultimately, saleable.
An organisational review is your opportunity to define roles and responsibilities and gain time for yourself to concentrate on key activities and revenue generation. It will also increase team satisfaction – there’s no better way to empower your team than to give them clarity around their roles and responsibilities, while defining career development opportunities.
Are you wearing too many ‘hats’ in your business? Let us help you find ways to share the load.
We’ll get together for an initial full day planning session where we’ll discuss the fundamentals of developing an organisation chart. We’ll help you determine the ideal roles for the business as opposed to fitting roles to the people in your team. You’ll also gain clarity on what functions can potentially be outsourced.
After reviewing your current structure we’ll follow a process to create a functional organisation chart using our highly effective templates. We’ll provide you with recommendations and next steps to complete the first draft of your organisation chart and we’ll help you and monitor your progress over the following weeks as you refine and finalise your chart.
When your organisation chart is ready, we’ll meet again to review and tweak your organisational structure. We’ll act as a sounding board for you to discuss your ideas, make effective strategic decisions and develop a better, more sustainable business model.
Get in touch with us to develop a structure that will support your future business plans.
Differences in approach, values and beliefs can disrupt and destabilise your team and culture, impacting the service you provide to your clients. Core values act as ‘decision-making filters’ for daily business operations. They align a team’s thinking and behaviour and help to build better working relationships.
Core values enable a business to differentiate itself from competitors. They communicate what is important to you, your employees, and the company. They are also a primary recruitment tool and invaluable for both client and employee retention. It’s about getting the very best from your team and making sure that everyone (including you) loves coming to work. When your team live and breathe your core values, your business goals are more likely to be realised.
Core values must be developed from within to be authentic to your company and team. Our effective core values development service allows us to act as a neutral facilitator and lead the process so that your outcome truly reflects your business.
During your core values development session, we’ll:
Before the session, attendees will prepare by thinking about their values and vision – we’ll provide the prompts and questions to work through. We’ll then facilitate a three to four hour session to create up to five core values with definitions. These will underpin the behaviour expectations within your organisation. You’ll also learn how to put your core values into practice and make sure they are central to how your team works.
If you don’t have core values that define expectations and behaviour within your business, let’s put that right!
A robust succession plan takes a minimum of three to five years from initial planning to implementation. To extract maximum value from your business you must have one in place.
Succession planning allows you to transition your business to new ownership in a managed and systematic way, reducing stress while achieving the best outcome.
It’s not just about extracting maximum value from your business. If you disappeared tomorrow, how seamless and pain free would the immediate transition be – both for your business and for those who rely on it? Lack of planning can cause unnecessary stress and compromise your sale price, client relationships and your overall business reputation.
We’ll work with you to develop your succession plan by identifying your options, clarifying your objectives (considering business, personal and family expectations) and defining the steps you need to take to meet those objectives.
Whether you want to sell, pass on to a family member or simply take a more passive role, taking time to plan now will benefit everyone involved.
Succession planning is a process – not an event. The earlier you start planning, the better the outcome for everyone involved. We’ll act as an impartial sounding board to help you make the right decisions.
Benefits of succession planning:
We’ve developed this service to ensure that when the time comes for you to step back, you get the maximum return on all the hard work and capital you’ve invested, and that the expectations of all parties are successfully met.
It’s crucial to consider succession planning as an important aspect of your overall business strategy that requires regular reflection and ongoing development.
Many business owners don’t recognise the importance of succession planning until it’s too late, resulting in a stressful journey and significantly reduced sales outcome.
Extract the maximum value from your business with minimal stress – get started on succession planning now. We can help.
We’ll work with you to produce a plan of improvements and efficiencies that you can make in your business. These may be ways to make cost savings, maximising income, tweaking pricing, or streamlining processes.
Driving continuous improvements to increase that bottom line is useful for you as the business owner but also when the time comes to sell.