I took some time to reflect on a meeting with a new client last week.
They were operating in a state of chaos – no accurate financial information, no budget, no KPI targets or measurement system, no idea of upcoming tax commitments, ATO lodgements not up to date, decisions based on gut feel and a raft of complex and slightly weird business transactions undertaken for a range of invalid reasons.
They weren’t having much fun and their profits were less than their employees’ wages.
If I hadn’t seen this many times before, it would have been terrifying.
Fortunately, we know the exact pathway from the chaos to order – accurate financial information each month to facilitate informed decision making and eliminate surprises, automated data entry, effective systems and limited reliance on the owner.
There is a significant correlation between success in business and transitioning from chaos to order.
Ignore this at your own risk.
We have facilitated some remarkable transformations that have resulted in dramatic financial and lifestyle benefits to the owners.
Simple things like automated data entry saving a $60,000 wage, tracking productivity and it improving by 50%, sacking the largest customer and watching profit increase, and the ability to work 20 hours per week instead of 80.
If you would like to know how we might be able to help you, send me a brief email with some details of your issues.