HERE’S WHERE IT CAN ALL GO WRONG
“In simplest terms, business systems are about extracting the knowledge from between the business owner’s ears and making that knowledge readily available for the team to use.”
— Bruce Doyle, Business Advisor
The failure of a business is not as sudden as many tend to assume. Just as there is no such thing as overnight business success, there is no such thing as overnight business collapse.
Just about every business failure can be traced back to inadequate resources given to Administration. Administration determines the efficiency of your business system. It’s the essential ingredient that supports effective Operations and Sales management. The problem is, because Administration isn’t understood properly and is therefore undervalued, it’s usually compromised over the other two.
It’s possible to have a business that looks successful and is failing and not see it coming. Even the best of us falter at times, and it’s rare for people who are either exceptional at what their business does or brilliant at customer service to have also mastered the art of effective Administration. And in the running of day-to-day business, spotting financial problems and minimising damage can be easier said than done.
Every failing business sends out certain warning signs before an eventual collapse. If you’ve got someone watching, this disaster can be avoided by taking certain strategic measures. But if no-one’s watching, or you don’t know what you’re looking for, disaster seems to creep in suddenly.
Effective Administration resources mean you’ve got someone who can see if you’re heading for a managable bad patch or a real crisis.
Imagine if you could predict a downturn way before it happens. And know the corrective measures to take to insulate your business from loss. If you could know the profit on EVERY transaction, event or product. If you knew accurately how your business was performing throughout the year and were advised on effective strategies to minimise tax and maximise super advantages. If you knew what’s relevant to your business if laws change.
YOU’D BE A GIANT STEP AHEAD OF COMPETITORS THAT DON’T HAVE THIS ADVANTAGE.
There’s good reasons to take Administration seriously. Effective systems and procedures with an advanced database drive your business. Get the Administration right and watch the value of your business increase.
LEVERAGE ON OUR EXPERIENCE AND EXPERTISE AND SEE WHERE YOUR BUSINESS CAN TAKE YOU.