BUSINESS
A IN
VALUE, BUILD & PRESERVE
TURBULENT TIMES
Tuesday, 23 July 13
How do you know you are
in turbulent times?
• High or stiff competition from
other businesses with similar
goods and servi...
• Climate or weather changes
that may adversely affect
buyer behavior.
• Sudden rise in the cost of
p r o d u c t i o n o ...
• Political uncertainty
w h i c h l e a d s t o a
reduction in consumer
confidence.
How do you know you are
in turbulent t...
Tips For Turbulent Business Owners
• Broaden you product
and service offering
so that you are not
reliant on one or two
ma...
• Have a good mix of full-
time, part-time, casual
and outsourced staff. That
gives you flexibility with
staffing arrangem...
• Preserve the quality of your service
so that you are not as reliant on
price to compete. In recessionary
times, prestige...
You always need a
business broker to
assist you in this
process. However, in
turbulent time the
need for a skillful
profes...
Maximise Business Value
For help in maximising your business value
take a look at our products here
http://bc.com.au/maxim...
For Advice On Your
Business Valuation Or Sale
BCI Business Brokers
Tony Arena (Managing Director)
3/1 Alexander Street, Cr...
For A Free Consultation On
The Value Of Your Business
Visit our website:
www.valueabusiness.com.au
Tuesday, 23 July 13
Upcoming SlideShare
Loading in...5
×

Business In Turbulent Times

408
-1

Published on

How to value, build and preserve a business in turbulent times?Or my business to value build and prevent in trouble times.

Published in: Business, News & Politics
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
408
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
7
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Business In Turbulent Times

  1. 1. BUSINESS A IN VALUE, BUILD & PRESERVE TURBULENT TIMES Tuesday, 23 July 13
  2. 2. How do you know you are in turbulent times? • High or stiff competition from other businesses with similar goods and services. • Low consumer confidence which leads to reduction in consumer spending. • Change in consumer preferences and habits Tuesday, 23 July 13
  3. 3. • Climate or weather changes that may adversely affect buyer behavior. • Sudden rise in the cost of p r o d u c t i o n o r d o i n g business in a given region. How do you know you are in turbulent times? cost of production Tuesday, 23 July 13
  4. 4. • Political uncertainty w h i c h l e a d s t o a reduction in consumer confidence. How do you know you are in turbulent times? • Businesses are unsure of where government stands on particular critical issues. Tuesday, 23 July 13
  5. 5. Tips For Turbulent Business Owners • Broaden you product and service offering so that you are not reliant on one or two major products or services. • Broaden your client base so that you are not reliant on one or two m a j o r c l i e n t s . I f p o s s i b l e n o c l i e n t should be more than 15% of your business. Tuesday, 23 July 13
  6. 6. • Have a good mix of full- time, part-time, casual and outsourced staff. That gives you flexibility with staffing arrangements. • Review your suppliers and look for savings. Is there a more competitive price telephone supplier? Can a bookkeeper do part of what your accountant is currently doing? Tips For Turbulent Business Owners Tuesday, 23 July 13
  7. 7. • Preserve the quality of your service so that you are not as reliant on price to compete. In recessionary times, prestige goods and services generally maintain their volume. • Relationships really matter when things go wrong. So always keep a good relationship with your customer and your suppliers. Tips For Turbulent Business Owners Tuesday, 23 July 13
  8. 8. You always need a business broker to assist you in this process. However, in turbulent time the need for a skillful professional advisor is even greater. It could mean the difference between selling and not selling. Tips For Turbulent Business Owners Business Broker Directory Tuesday, 23 July 13
  9. 9. Maximise Business Value For help in maximising your business value take a look at our products here http://bc.com.au/maximise.html Tuesday, 23 July 13
  10. 10. For Advice On Your Business Valuation Or Sale BCI Business Brokers Tony Arena (Managing Director) 3/1 Alexander Street, Crows Nest, NSW, 2065 Phone: +61 2 9439 3399 Mobile: +61 411888148 Email: tarena@bc.com.au www.bc.com.au Tuesday, 23 July 13
  11. 11. For A Free Consultation On The Value Of Your Business Visit our website: www.valueabusiness.com.au Tuesday, 23 July 13
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×