What’s Really Happening in Your Business?
- Have you reached a plateau in revenue that you just can’t seem to get past?
- Are you having difficulty finding, recruiting and retaining the right people?
- Do your internal operations and procedures prevent you from responding quickly to new opportunities?
- Do you find yourself spending time fixing the same problems over and over?
- Do you often find yourself just getting in your own way?
Any of this sound familiar? You are not alone. Business owners typically have a vision for their business, but no workable plan for sustaining and growing the business. Keeping the wheels on the bus is often a full time job. Things appear to be fine, but unidentified weaknesses are steadily eating away at your business model while additional threats loom in the market at large.
An objective, informed assessment of multiple aspects of your business is a crucial aspect of understanding what your business looks like, what’s working the way it should, and what isn’t. Even more critically, it can help identify what your business should look like.
AL Advisory Group has worked with many business owners through our Business Assessment service.
Flash Business Assessment Tool
We uncover the strengths and weaknesses in the business and determine the cost these weaknesses can have on your annual cash flow or value.
Working closely with you, we begin by clarifying your business strategy and identifying opportunities for improvement.
A business assessment does not take as much time as you may think and when done properly, the results are invaluable.
AL Advisory Group has an easy way for you to get started on assessing your business yourself using our Flash Business Assessment.
The Flash Business Assessment divides your business into its functional areas and drills into each. The functional areas the Flash Business Assessment looks at are below along with a sample question from each.
Are you happy with the current performance of your business?
Human Resources & Employee Benefits
Do you have an up-to-date employee handbook?
If your top manager left the company, would the company be in trouble?
Are you differentiated from your competitors in a way that is clear and believable by your target audience?
Are you consistently hitting your sales targets?
Finance & Accounting
Do you know what your breakeven number is every month and every year?
Does your pricing model take into account variable and fixed costs and desired contribution margin?
Have your systems been hacked or infected by viruses in the last 12 months?
Do you have a plan in place should you lose a key employee to death or disability?
Do you see yourself retiring from or possibly selling your business in the next five (5) years?
There are five key questions in each functional area. Answer each question honestly and score five points for each “Yes” and zero points for each “No”. There are recommendations for the overall score – if you choose to answer questions in each functional area – and recommendations for the score in each separate functional area. This way you can get started and assess one, several or all functional areas.
The key is to be honest and get started. All you have to do is provide your email contact information in the form below and we will email you your own copy of the Flash Business Assessment.
If you have questions or would like a more in-depth assessment please contact us. We can help with individual functional areas or your business as a whole.
We use a tried and true SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to analyze your business and produce a workable roadmap for sustaining and growing the business.
The Flash Business Assessment Roadmap typically focuses on projects that can be completed within a 90-day rolling window.
Contact us to find out more about the Flash Business Assessment at (508) 466-3050 or email.