Growing your business is often the only way to grow your profitable revenue. Business growth may be in the form of purchasing another company, expanding into a different market or diversifying your existing product or service offering. Whatever your method, your business growth requires careful planning to maximise your growth success and to ensure all aspects of your company are ready for the change.
Villa offers a range of business growth services in addition to our tax compliance and planning services. Together, this suite of accounting and planning solutions can help you plan the best possible growth strategy for your business. We will consider your business goals and work with you to develop a plan for growth that fits to a timeline that suits your company.
Growth in your business usually doesn’t just happen, it takes careful planning, forecasting and analysis of market and industry factors to ensure you’re making the right growth decisions. Villa will work with you to complete a business and goals analysis to ensure we have a clear understanding of your business vision. From there we facilitate a planning session to help you create a clear, concise business plan. This process will clearly identify and prioritise your business’ goals, both short and long term. Villa will also work with you to review your actual performance against targets and establish an action plan to address immediate and critical issues. A clear business plan is essential for any growing business as it helps to eliminate one factor that is all too common in business – procrastination.
Key Performance Indicator (KPI) Improvement
KPIs are essential to any business. We cannot measure the achievement of our goals without key indicators in place to help us do so. KPIs can be a measure of anything from regular profit achievement to attaining a certain level of service for your clients and maintaining it over time. Are your KPIs up to scratch? Often, when businesses expand and grow, their KPIs are left behind and the organisation is left with no measurable way of tracking their goals. At Villa we have worked with several companies to redefine their KPIs to fit with their business goals as the KPIs you set as a start up will almost certainly be different to those you need as a growing, expanding business.
Cash Flow Management
There are not many things quite as stressful as managing a cash flow that is under constant strain. As a growing business your company will require different levels of cash than it did previously, this is where Villa’s cash flow management and forecasting services are helpful. We can help you put together a growth plan for your business that feeds into a cash flow management and forecasting plan. This will clearly identify the areas where your cash flow is flourishing or where it is under strain, we can help you work with your bank on cash flow management solutions too. We will meet with you on a quarterly basis to monitor, analyse and adjust your key cash flow drivers. Acting as your accountability coach, we’ll help you set annual goals and devise a 90 day action plan to ensure you implement improvement strategies for maximum results.
Financial Awareness Coaching
Through financial awareness coaching, Villa can help you to understand your business better, which enables you to better manage your cash flow. Good management decisions rely on a sound understanding of the financial implications for your business. This service involves meeting with us every two months to discuss your financial results, culminating in you learning to produce and interpret your own customised financial reports on a monthly basis.
Quarterly Business Coaching
As a business owner you can at times feel alone and unsupported, spending little time working on your business and trapped in the day to day management. Villa’s quarterly coaching service provides you with increased accountability and support to help you achieve the results you want from your business. The outcomes include increased profitability and cash flow, customised reporting templates to measure actual performance against forecasts and access to an expert sounding board to ensure you continue working towards your goals.