EXIT & SUCCESSION

Understanding the factors that impact upon the value of your business as well as those that impact upon a successful transition is critical to every SME Business Owner. The MAUS Business Systems e-Book will give you a good understanding of what is involved.

At BF strategic, we can work with you to tailor and implement the types of programs and processes that are described in this book, so that they are practical, and match your own objectives.


BUSINESS PLANNING – A PRACTICAL APPROACH

Having a relevant and practical Business Plan is essential to not only adding value to your business, but facilitating any successful exit or transition.

The key to any Business Plan is to develop a plan then integrate it into your day to day operations – so that it is relevant, is maintained as relevant, and becomes central to your business operations.

Business, today, operates in a dynamic and ever changing environment. The secret to maintaining any plan’s relevance to your business is to have a regular review process (say, quarterly), whereby key elements are reviewed for change.

Whether you want to produce an extensive plan, or a more simplified version, BF strategic can work with you to develop a plan that you actually own: rather than just write an expensive plan for you (that then probably sits in a drawer somewhere). We can also assist you in developing strategies to progressively implement the plan into your business.


MORE THAN JUST PERFORMANCE REVIEW

Don’t need to do this? Well, you may need to think again!

A so often neglected element of most businesses is effective management of your most important asset – your staff. This e-Book not only will help you understand the performance review process, but assist you in developing a complete framework around your personnel function. Only if you and your staff fully understand their role, what is expected of them, and how they will be measured, can you properly evaluate performance.

A well-structured and maintained performance review system can add serious value to your business: in terms of immediate return to the business owner, as well as the underlying value of your business asset.

At BF strategic, we can work with you to tailor and implement the types of programs and processes that are described in this book, so that they are practical, and match your own objectives.


HEALTH & SAFETY – WHATS THE RISK, AND WHATS THE COST?

Formalised health & safety procedures are seen as too hard, a waste of time, and not relevant by many SME Business Owners.

Business is becoming increasingly exposed to new and greater responsibilities for their staff, and the environment they function in. At the same time, business owners themselves, as well as management, are becoming increasingly exposed personally for failure to provide a safe environment not just for staff, but anyone exposed to your business operations.

Unmanaged risks can not only have the capacity to destroy your business and you, personally, but also to degrade the value of your business, as well as its marketability, when that time comes.

This book provides guidelines for you to assess the risk to your own business. BF strategic can work with you to assist in the development and implementation of practical and relevant procedures for your business.