Position audit

The Position Audit provides the owner or manager with a clear view of the reality of today’s situation. It highlights the good and the bad, the opportunities and the threats and it starts to reveal the strengths and the weaknesses.

Amongst the areas that may be reviewed:

Goals, do they exist; are they the right goals?
Turnover versus profitability
Database use in terms of sales and profit maximisation
Employee management, performance, measurement and turnover
Client quality
Systems. How good are they? What’s lacking?
Sales processes
Strengths, weaknesses, opportunities and threats
Development opportunities
Financial performance
Financial strategy

Inevitably, one of the outputs of this process is an extensive list of the actions required to take advantage of opportunities and reduce the impact of problems.

The Position Audit is extremely useful in its own right, but proves immensely powerful if followed by a systemised business planning process, in turn followed by a managed plan execution programme.

The Business Farm can provide you with a wide range of business improvement assistance, including help with financial planning, risk management, marketing input and operational planning. To find out more, telephone or email us.

Let us help you to better understand your business position and realise the hidden potential that lies hidden within. Contact us.