Business Healthcheck

By: Michael Huntington  30-Dec-2015
Keywords: Advisory Board, Busienss Healthcheck,

How Healthy Is Your Business? Our five stage health check reviews comprehensively covers your business The Process 1. Planning visit and questionnaire 2. Review of budgets and financial information 3. Site visit and audit of internal controls, 4. Preparation of Report 5. Presentation of report & recommendations The process is appropriate for small businesses, from sole traders up to 3 owners, across a range of industries. We only look at the areas which are relevant to the size, structure and nature of your business. We then work with you to improve your business and reduce your risks and improve customer satisfaction. The Output We deliver you a full report which identifies the areas of your business which need the most work. We focus on the financial, governance and sales areas which will enable you to deliver the best value for your customers and build your business. We help you to identify the weaknesses in your business and put in place plans to address these. Financial How is your cashflow? Are your customers paying on time? Do you have the correct controls over cash and stock? Is your accounting system giving you meaningful reports? Are your financial forecasts achievable and are they being met? Have you budgeted for future capital outlays? Do you have sufficient capital to optimise your business outcomes? Is your insurance adequate? Are you paying too much? Governance & Culture Do you have the right Corporate Governance structures? Can the business run for a period of time without you? How is your staff morale? What are your areas of risk? Is your business sustainable? Are your personal assets protected from your business activities? Are you getting rewarded for your effort? Are there any risks with government compliance & OH &S? Sales & Marketing What is your plan for customer acquisition? Do you have a marketing plan? Is your advertising budget focussed on the right customers? Are you making the best use of social media? Is your distribution network operating to its maximum potential? Are your business systems leading to customer TIANSA is a multi-discipline consulting group which helps small and medium business owners to achieve their business goals. Michael Huntington Lead Consultant Michael Huntington has more than 25 years’ experience in helping business owners achieve their goals. His work has included assisting both start-up ventures and SMEs looking to successfully get to the next level. Having developed and run his own businesses, held management roles and consulted to a broad range of SMEs, Michael brings a diverse range of relevant experience to his clients. Michael Huntington has a Bachelor of Business, a Graduate Diploma in Applied Finance and Investments and is qualified as a Chartered Accountant.

Keywords: Advisory Board, Busienss Healthcheck,

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Advisory Board

Many small businesses do not achieve their full potential because the decision making process is not structured and disciplined. As