Design agency case study
Design industry client How we helped our clients improve profitability
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Develop your plan
What is your business going to do over the next few years in pursuit of your goals?
Having identified your goals (See Set your goals) you need to convert these into a business plan so that you know what your business needs to do to help you achieve these goals.
The business plan must then be further converted into a set of forecasts and budgets, so that you know what you are aiming to earn, spend, invest and achieve.
It’s really important to analyse the implications for your cash flow as the plans need to be affordable and funded if they are to be successful.
We can help you develop and write a business plan using our knowledge of your business and our experience of working with many other businesses. We will combine this knowledge and experience with insights gained from using strategic management tools to help you write and develop a business plan that provides a blueprint for how the business is going to get to where you want it to go.
We can then help you to produce robust forecasts and budgets tailored to suit the exact needs of your business.
If you would like to have a chat about this, give us a call
How Beyond the Numbers will help you…
We believe that you should want more from your accountant and we are happy to help you with our 9 step plan towards performance measurement and improvement.
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The Numbers
VIEW NUMBERWe believe that you should want more from your accountant and we are happy to help you with our 9 step plan towards performance measurement and improvement....
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1. Set your goals
VIEW NUMBERWe believe that you have to look at both your business and your personal life if you are going to set goals for the business as the two are intrinsically linked – through you!...
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2. Develop your plan
VIEW NUMBERHaving identified your goals you need to convert these into a business plan so that you know what your business needs to do to help you achieve these goals....
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3. Measure your performance
VIEW NUMBEROnce you have created your forecasts and budgets (see Develop your plan) you need to systematically measure your actual performance and compare it to your targets....
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4. Your annual accounts
VIEW NUMBEREvery business is required by law to produce annual accounts and of course those annual accounts must comply with all the relevant rules and regulations....
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5. Understand your business trends
VIEW NUMBERIt is almost impossible to evaluate how well you are doing in business by looking at one set of figures from one financial year. Performance is always relative....
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6. Benchmark your competitions
VIEW NUMBERBenchmarking is one of the most commonly used management tools in the world and it’s not hard to see why....
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7. Value your business
VIEW NUMBERIs one of the reasons you own a business to create value for yourself? In other words, do you want to build a business that is actually worth something when you want to sell it or ...
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8. Improvement potential
VIEW NUMBERMost businesses always have room for improvement and it can be dangerous for a business owner to sit back and assume that everything is going really well and will continue to do so...
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9. Improvement action plan
VIEW NUMBERNothing changes until something changes so you need to develop and implement an action plan....
Get in touch today
Book an appointment and we’d be delighted to tell you more
about our experience helping other clients in your sector.
We’d love to help you, too.