Our Business Turnaround service can provide a simple, effective and ongoing plan for your business:
- Improve your bottom line
- Improve cashflow
- Pay better dividends to shareholders
- Improve debtors and overdues
- Improve inventories and leadtimes
BusinessBasics assists businesses with the optimisation and improvement of business activities. This is completed through a continuous improvement mentality and effective challenging of preconceived opinions of the current business situation.
We can provide assistance across all steps and activities listed below, and we have achieved great results with organisations of all sizes.
Analysis & understanding
Prior to commencement, assessment of where the organisation came from, is currently, and where it is destined to head. This is achieved by:
- Define the problem
- Define the measure of success
- Assessment of the market situation
- Determining the purpose and strategic direction of the organisation
- Build the “dashboard”
Modelling & planning
From an understanding of the current situation and a clear definition of the goal, determination of the ways in which the measures of success can be achieved is completed. This is completed through:
- Review of profit drivers/systemic waste and assess the impact these on bottom line results through modelling of multiple options
- Creation of projects, KPI’s and define responsibilities for completion
