Business Consulting

We can assist business owners in a wide variety of ways, including:
  • Strategic Planning and Advice – the process of talking through where the business is currently at, what the challenges are, and where the business owner wants the business starts the strategic planning process. Some businesses can do this on their own or internally, but usually the assistance of an outside business person with skills and experience is needed to take the business to the next level.
  • Profit Improvement Analysis – specialised software is used to analyse the business as it currently is and to determine the financial effect of various business strategies. 
  • Directors Meeting Facilitation – directors should be meeting at least monthly to discuss business strategy and review business performance. An external facilitator, perhaps only every third meeting, can be extremely valuable and add enormous value to the business. 
  • Business Needs Analysis – this is a systemised process to identify business “gaps” and prioritise the filling of those “gaps”. This is a wide ranging analysis and covers all pertinent areas affecting short and long term business performance.
  • Credit Control Systems – every business needs a strong credit control system to ensure the customers pay promptly. Once a credit control system is in place it can easily be run by an intermediate administration person. Designing good credit control systems is an inexpensive way to minimise bad debts and maximum cash flow. 
  • Benchmarking – this is a great way to compare your business results with others in the same industry. Valuable insights about the strengths and weaknesses of your business can often be gained through a simple and inexpensive benchmarking process.
  • Succession Planning and Exit Strategies – too many business owners grow their businesses but have no strategy or plan to exit the business in such a way to maximise the value. The best time to start planning the exit from the business is many years before hand. It’s never too soon to start planning your exit from your own business, even if retirement is still 10 years away.
  •  Risk Management - business is inherently risky. But there are a number of ways to minimise all sorts of business risks – employee theft, death of a key person or business owner, business failure, marriage break up, director or shareholder disagreements and so on. Planning for these risks in advance is the key to managing them. 
  • Tax Planning and Minimisation – no one wants to pay more tax than they need to and so tax planning should be an important factor in every business and financial plan. The best time to plan is before business decisions are made – it is very hard to fix things or change business structures retrospectively. Ensure you talk to your accountant before you do things, not after. 
  • Due Diligence on Purchase of a Business – purchasing a business is a big decision and good due diligence is required to ensure that the business is suitable for you and your objectives, fairly priced, and that you are getting what you think you are getting. It’s a case of buyer beware and being safe rather than sorry through doing appropriate due diligence. 
  • Franchising – franchising is a means to achieve business growth and it is gaining increasing popularity world wide. Franchising is a specialised area and StreetSMART thoroughly understands the franchising model and has first hand experience. 
  • General Business Advice – we’re passionate about business. We have been business owners ourselves for over 20 years, assisted hundreds of different types of businesses, attended thousands of hours of business courses and read countless business books – so we are well equipped to advise SME’s about their businesses. Our advice is intelligent, creative and common sense given without excess jargon or ivory tower thinking.  

         Please contact us to discuss how we can help you with any
         of the above matters.

    Smart Services