Business Mentoring
You’ve been running your business successfully for a few years and though happy that the business is running well, you may feel that you haven’t yet achieved everything you set out to do. You may have a team that is struggling to adapt to new structures as the company grows larger and feel that new ideas and proven good practice could help you achieve higher growth.
Or perhaps things have been a struggle. You know you have the greatest product offering but the customers just aren’t there and you can’t work out why.
Whatever the issue, a business sometimes needs fresh outside eyes to help it achieve its potential. These are some of the ways Drive Digital can help grow your business.
Grow and increase revenues and or profits
A fairly obvious one but unsurprisingly, it’s the core function of most businesses. If you have a lifestyle business, you probably made a conscious decision to pursue that route and so you don’t need help from us.
But if you set out with the goal of growing your business to a certain size, or have the aim of one day selling it on, you’ll have to grow the business. Increasing profits year on year is vital to this goal and we can help you identify the best ways to do this. We’ll then assist in the implementation, to make sure your business achieves its goals.
Introduce new procedures and structures
As a business grows, it needs to change and at certain points in a business, it is difficult to implement these changes. Perhaps the incumbent staff are reluctant because they don’t like change, or can’t see the benefits of doing things in a new way. Or maybe you’re having trouble identifying what could be changed to enhance productivity and profitability. You know ‘something’ needs to be done but just aren’t sure what. With our considerable experience, we’ll help you identify what can be changed. We’ll spend time with you and your staff and help introduce the better ways of working you’re looking for. We’ll make sure the staff adopt the methods by understanding the benefits and we’ll find the best balance of benefit versus cost if buying in third-party software or tools.
Identify Acquisitions or Mergers
You may feel that an area your business could grow in is already being served well by another company. Or perhaps you want skills that complement your own companies and don’t want the risk, delay and uncertainty of building a similar team. Maybe you’d simply like to increase the chance of winning custom by taking over a competitor. Or is it your goal to build up a suite of complementary companies that can offer better value through consolidation?
Whatever your reasons, we can help you identify the right companies to meet your requirements. We’ll manage the negotiations for you, making sure you get the best deal and where necessary, can assist in change management to ensure your purchase is maximised.
Attract better staff and clients
A company is only as good as the people in it and as the company grows, it is necessary to raise the bar with every new recruit. If you get the wrong people when expanding, it could jeopardise your plans and at best, slow down the growth. At worst, you could end up losing money and watch the company move backwards.
At Drive Digital, we can help you find better people, using the right methods to attract different skills. We’re also well connected and through our own network, may be able to find ideal candidates for you that might not otherwise be offered up to the market.