Today's Date :       Wednesday, February 08, 2012

 

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Mind Your Business

Things have changed for business.

It’s hard to get money, get paid, get new business, survive.

Its time to look at how you can mind your business through the tough times. 

It’s time to position yourself for recovery.

 

No surprises – for you or your stakeholders.

 

Think about whether you need….

 

  • Experienced practical finance director support – understand where you are, identify where you need to be and learn to measure and anticipate issues.
  • A financial health check - Identify and stop non core activity. Review your pricing.  Are your margin assumptions true?  Cut non essential spend – but beware of losing key capability
  • To restructure for lower volumes – measure, build flexibility to match demand, align costs and resources to match activity, challenge all costs, look at options to free up cash, match borrowings to available cash 
  • To reduce complexity – review your product range, logistics, non value added activity etc
  • To reduce costs and waste – are there options for outsourcing? 
  • To identify your core capability and protect it – People? Products? Processes?
  • Help to know what needs to change and why – How do you chose what to change?  How can you measure the impact of change? 
  • Contracted accounts support – Cash flow monitoring and planning? Management information reports? 
  • Help to plan for projected  roll out of any change and its measurements

 

 

Fox Consulting knows the answers.  We have done this before – successfully. Call us.

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