Profit improvement and control

Many business have been through turbulent times in the last few years and a number of companies have been repeatedly under-performing. As a result we have been increasingly asked to help these companies find solutions to their problems.

One of our immediate objectives when helping clients to increase their profitability is to identify areas of potential cost reduction and strengthen the mechanisms of cost control. By critically analysing the operations and cost structure of your business we can distinguish between value-adding and non value-adding activities and detect those overheads that can be safely eliminated or reduced. We then help you implement the right systems for cost-control, such as regular management reporting and budgetary procedures, so that you keep your costs under constant check.

In highly competitive markets, however, cost control and reduction practices alone are rarely sufficient to bring about the radical improvements required to survive and grow. As part of our continuing response to the rescue culture, we have developed the Strategic Performance Review’ (SPR), a service structured to help under-performing companies get back on track. SPR is particularly geared to the requirements of the middle market companies, which are often under greater pressure than their larger counterparts — both in terms of the resources available to spend on external expertise and the time frame in which they need to achieve an improvement in performance.

The SPR review is aimed at organisations of all sizes that are seeking to improve operational or financial performance. It develops business strategies to preserve and enhance shareholder value. Our objective is to provide proactive support to improve profitability and competitiveness and restore value to the business. We focus on identifying sources of performance improvement whilst respecting management’s wish to incur minimum costs and disruption.

We offer a flexible service divided into four discrete stages.

• Initial assessment
• Strategic analysis
• Detailed business evaluation
• Strategy implementation and support

On conclusion of each stage we present you with our findings and recommendations so that you may assess whether you wish to proceed to the next stage. There will usually be no charge for the initial consultation stage. Contact us about Profit Improvement and Control