"Prescription without diagnosis is malpractice"
This is a comprehensive report which firmly establishes where the business is at currently. The purpose is best served by the following analogy… If a pilot wants to fly from Point A to Point B, he needs to know where his destination is - Point B. It’s the same with business.Yet most business owners have no clearly defined written goals for their business.
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And as the saying goes, “He who aims at nothing usually hits it with remarkable accuracy.” That’s why we start with establishing Point A, then Point B (your goals) so you have the basis upon which to design your Plan of Attack to get you there. At the end of the year, we complete a second Business Evaluation Report to document and demonstrate the improvements made.
By the way, the Business Evaluation Report is precisely the type of
information financial institutions require if you are applying for a
business loan. It is also what potential buyers are looking for if you
ever want to sell your business. In fact, a survey done by the
Commonwealth Bank showed that businesses with information of this type
can be worth up to 60% more than they would have been without it.
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There's over 135 pages of useful information, data and recommendations on how you can improve your businesss. Here are some sample pages from a couple of reports. Click on the pictures to see a full page view:
What is the potential in your business?
What does it cost you in delaying the strategies to achieve this. You'll find this out on page 1.
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Are you being paid what you're truly worth?
How does your personal income 'stack up' against the rest of the industry? Where does your current income sit in comparison to other incomes. Are you making as much as a doctor, or would you be better off picking fruit, driving a cab or working at McDonalds. Page 14 reveals the truth.
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Do you want to know how much your business needs to break even?
Do you know how many sales you need to cover costs per year, per month, per hour? Check out page 26 to find out.
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Is there any spare cash available in your business?
If there is it'll be found in the diagnostic process. For more info go to page 38.
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Are there any threats that your business needs to avoid, or any opportunities that you can take advantage of?
See page 9 to view the results for one business.
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Which would be better for your business?
A 10% increase in sales volume, or a 10% increase in price. Page 71 will guide you.
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We all know that it costs 5 times more to attract a new customer than to retain an old one.
But how do your retention strategies measure up. Page 78 (and beyond) will give you the truth.
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How consistent is your service delivery?
That is, are all customers treated the same, or are some treated well and others not so well. Page 53 will give you the results and some areas to improve on. (This page and the pages that follow are worth the investment in an Unfair Advantage program alone.)
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Are you having trouble with your team.
The report will show you why and what you can do about it.
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The full report is over 135 pages long!