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Do you have a plan in place for Business Growth?
Planning, measuring and monitoring are crucial to any businesses’ success. Not only is it important for the business themselves but also to support finance applications, especially bank lending. Rather than trusting your intuition and making snap decisions why not take a more measured approach? Research shows that those businesses that do plan and have clear strategies are far more successful.
Swansea & Neath are amongst the most improved cities in the UK for good growth, therefore having a good growth strategy in place is vital to keep track of how your business grows and business performs.
- ZMonthly or quarterly management accounts
- ZReporting of key performance indicators that are the underlying drivers that run your business
- ZHelp with in house systems for you to produce your own information
- ZTraining on how to get the most out of your information
- ZSupplying management information to lenders
- ZAgree on long-term strategic goals both personally and for the business
- ZIdentify the blocks in the strategy
- ZAgree an operational strategy to overcome the blocks and meet those goals
- ZDevelop business growth systems
- ZGrow a great team of people
- ZActual performance compared to budget and/or comparative periods
- ZCosting information, including break-even turnover levels
- ZMonitor your results against those goals
- ZManage the money in your business
- ZDevelop an exit strategy
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WBV Accountants Swansea & Neath work as a united team with exciting and dynamic businesses around the UK and give our clients the highest service possible.