Business Growth Advisors
BIZPARTNER your partner in BUSINESS
Helping You Do Business Simply!
CLARITY | ACCOUNTABILITY | RESULTS
HELPING YOU DO CHURCH SIMPLY!
HOW WE HELP BUSINESSES
We advise, resource and support businesses and business leaders
who want a strong and effective business.
Through our proven methodology and processes, we help develop clear direction,
improve outcomes as well as build a strong platform for growth
through greater clarity, resourcing and support.
Owners and Managers can enjoy their roles more as well as have the time
to innovate and lead change more effectively.
The methodology and processes increase profitability as well as enjoyment by all stakeholders.
CLARITY | ACCOUNTABILITY | RESULTS
US Secretary of State Colin Powell once said, “Great leaders are almost always great simplifiers who can cut through argument, debate and doubts to offer a solution everybody can understand.”
The greatest challenge is to get the right information at the right time to the right people, to make the right plans.
We can help you bring clarity and develop the plans to move the church forward.
90% of church failures can be traced to strategic plans not being implemented. Supporting and holding leaders accountable, turns ideas into solutions.
Thoughts determine what you want but action can determine what you get.
As partners, we can resource and support you as you implement your plans.
Getting results is the name of the game. With well defined goals and clear plans then being supported, resourced and held accountable for implementing the plans, results will follow.
Momentum can be your best friend or your worst enemy. Momentum grows through consistent results.
We are confident that as your church advisors, we can help you create the momentum you need.
THE TOP 13 SMALL BUSINESS CHALLENGES FOR 2019 AND BEYOND
1. STAYING MOTIVATED AND ENERGIZED
H andling the emotional rollercoaster of a small to medium business is a challenge and takes its toll on energy levels for Leaders. The daily struggle of fighting fires and being stretched across all church functions often grinds them into submission. They can be focussed on the distractions rather than strategy and goals.
So the challenge is to maintain motivation and energy levels so that management decisions are made with the future in mind not the current problem. This requires automating business functions as much as possible, developing clear effective strategy and having external support so that fresh perspective can be brought in to the business.
2. HAVING ENOUGH TIME
T he challenge for leaders is focus. So many things need to be done. Often business Leaders manage the business from the inside.
The challenge is to manage the inside of the Business from the outside (working ON the business not just IN the Nusiness). Ignoring the distractions is not easy but must be a priority. When many of the business functions are systemitised and automated, Leaders can have the time to get creative and innovate as well as to enjoy their business more.
3. CONNECTIONS AND NETWORKS
W hen business owners/managers have to spend their time working in the Business to get the job done to survive, they don’t have the time to create the future, much less anticipate, accept and adapt to the future. So they often feel that they are fighting one fire after another.
Business Leaders need time to work on the business, rather than just in it. Time is needed to develop connections with other businesses, community organisations, that have potential resource networks and where they can identify new opportunities and develop new ideas.
4. BUSINESS INNOVATION
I nnovation required time and energy. Time to build the connections, acquire the knowledge and develop the ideas. Innovation requires energy to implement the ideas with finesse.
Proper timing for the introduction of the ideas, clear and appropriate strategy are required to innovate successfully.
5. MANAGING CASHFLOW
M any businesses fail because of cashflow issues. Income volatile and unexpected costs all affect the health and stability of a small Business. Smaller businesses are especially vulnerable as there is usually less margin for error.
There are tools that will help improve the cashflow management with your business managers being able to spot the issues earlier. Diagnostics, online dashboard reports and budgeting can provide for clear and timely management decision making.
S mall to Medium business’s main challenge is profitability (Surplus) because they often don’t have access to the economies of scale that larger businesses possess.
Thus they have smaller. So the challenge is to develop the economies of scale or find or create extra value. This requires a motivated, energized Leadership Team who has the time to innovate.
P roductivity is about making the most of assets, time, talent and labour. Small business can be inefficient due to lack of economies of scale and the lack of systems and processes because Leaders have to multi-task across all functions. Businesses have to make the most from every dollar and knowing where to get the best return is really important for the long term viability.
8. GROWING REVENUE
G rowing revenue is individual to each Business in different locations. There is no one size fits all. However the pillars to Business growth in any location are : strategy, structure, processes, resources and people.
The challenge is to build a strength in these areas to ensure stability, strength and success.
People are the lifeblood of any Business. They shouldn’t be an interruption but they are in fact the reason the Business exists. So the challenge for small Business is to attract and serve their customers well. With people having greater choice today, the challenge is to a great customer experience.
It is not enough to provide great products or services, Businesses need a great whole of life experience for both the customer and the Business. Small to Medium businesses need an ongoing mutually beneficial and enjoyable relationship so improving the quality of new people targeted can often be forgotten for short term growth.
So strategy and innovation are a key to grow a healthy and satisfying Business that is future proofed.
1o. BUSINESS PROCESSES
L eaders often have to multitask and aren’t necessarily experts in every area. Most Business leaders learn as they go and learn by making mistakes, sometimes costly. So the many functions of running a Business are often adlibbed. Staff hiring, training and management, budgeting and financial control, marketing, and more.
They are often so busy doing the job that they have no time for growing the Business. Systemising and automating business functions will make life simpler and more enjoyable for the owner/Leader that they can focus on innovation and growth.
Growing the relationship through improving the customer’s experience, requires improving the quality of customer as well as quantity of customers. It is not enough to provide great products and services, small and medium businesses need a great customer experience for both the customer and the Business..
Strategy and innovation are a key to grow a healthy and satisfying Business that is future proofed.
T here are so many options for outreach and “marketing” today including social media, online/digital marketing, TV, Radio, PR and more. A busy Church Leader often doesn’t have the time to focus on what outreach efforts are going to be the most effective or how to work with the different media.
This can greatly affect the efficiency and effectiveness of outreach programs.
H iring new employees is a costly exercise. The cost of on-boarding new employees is often under-estimated. Costs can include training, loss of productivity, advertising, management time as well as other on-costs. Attracting and retaining good staff that add real value to the Business, that enhance the culture and are enjoyable to manage are a challenge for small and medium size business.
Who do you put on staff and when. Good question but it comes back to the strategic plan.
13. SUCCESSION PLANNING AND EXIT STRATEGY
The challenge is to know “when to hold them and when to fold them“. Planning the end from the beginning is key to the Business. Exiting the Business too quickly or at the wrong time can make the Business unstable.
Staying too long can stymie the next generation of leadership and result in losing momentum. Generational change of Leadership is a tricky process but if done well can result in a stronger Business. When done poorly or not done at all, the exit of the leadership can destroy the Business. The challenge is to plan early, prepare contingency plans and identify the correct timing and process. Proper change management of the process is vital from the beginning.
SUCCESSFUL LEADERS MAKE COMPLEX THINGS SIMPLE
“Great leaders are almost always great simplifiers who can cut through argument,
debate and doubts to offer a solution everybody can understand.”
Former US Secretary of State Colin Powell
We help you Simply do Business!