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Accountants and business advisors
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Business Coaching Service
Running any business is a very lonely activity, incorporating the demanding roles of leader, decision maker, manager and friend.
Business Coaching helps to support you in these key roles giving you an insight into your strengths and weaknesses together with the support and encouragement needed throughout these challenging processes including:-
Coaching for business performance improvement
Coaching for balance in your life
Improving your personal effectiveness
Improving your personal and business goal setting
Improving your performance feedback and review techniques Implementing your spiral learning programme
Establishing your GROW model
Implementing Quadrant II Thinking
Giving you a reading list to change your life
Agreeing your personal development plan
When coaching clients we use a wide variety of checklists, questionnaires and software packages which cover business and personal issues.
Developing your strategic direction
All successful businesses have a clear vision of the future, which is clearly communicated to everyone. We help you to develop and express that vision including:-
Discussing your hopes and aspirations for the future
Creating a vision and strategic direction for the business
Identifying the motivating missions
Developing clear aims and objectives
Looking for the values that drive the business
Identifying the critical success factors of your business
Creating and developing a complete range of products and services
Developing your financial plan for life and business
Scenario planning to help you cope with future potential changes which may effect your business
Developing a succession, retirement or exit strategy
Developing your organisational structure
Winning Companies have all the five pillars of success equally well developed. We help you to implement those systems and procedures that will ensure financial success including:-
Installing the right organisational structure
Creating the 5 focus groups for success
Creating a customer care strategy
Implementing efficient business processes
Installing an effective people strategy
Improving efficiency and profitability
Implementing an appropriate information technology strategy Creating an information and communication system Developing a culture of business action plans
Developing your people strategy
People are our greatest asset therefore their recruitment, training, coaching and development are essential to our success.
We ensure that you have the right people doing the right things in the right way at the right time including:-
Developing your strategic organisational structure
Developing your people strategy
Helping you to undertake your people assessment
Identifying your skills gap
Developing your recruitment strategy
Creating and implementing your training and people development strategy
Undertaking your training needs analysis
Implementing training plans for all your people
Investigating the availability of training grants for your business
Implementing a monthly training monitoring system
Implementing a training evaluation system
Installing a staff appraisal and development scheme
Creating a lifetime learning focus group
Creating a quality and benchmarking focus group to develop better ways of doing things.
Developing your performance-related pay strategy
When earnings are linked to the performance of your business it ensures that everyone is focused on achieving the goals of the organisation. We provide a comprehensive approach which changes the culture of the organisation, leads to improved responsibility, increased productivity and daily actions that achieve results including:-
Developing performance-related pay throughout the whole organisation
Developing a high trust culture
Creating key performance indicators for all your people
Setting financial and quality targets for everyone
Creating a monthly performance report for the business
Creating a loss committee to fairly allocate losses each month
Installing a regular system of feedback to help improve performance
Developing coaching and mentoring systems to help support improved performance
Creating a lifetime learning focus group to improve skill levels
Creating a quality and benchmarking focus group to develop better ways of doing things
Developing your IT e-commerce strategy
The profitable use of I.T. is becoming an essential element of the success of any business. We ensure that you have the right information technology strategy which is linked to your business goals and focused on your key success factors including:-
Helping you to develop your information technology strategy and I.T. investment plan
Helping you to develop a Website for success
Helping you to develop your e-commerce strategy
Helping you to develop your information and communication strategy
Reviewing your current systems and procedures to ensure that they are best in class
Creating specifications that meet your software and hardware requirements
Helping you to carrying out the software and hardware selection process
Advising you on supplier contracts and performance agreements
Undertaking the implementation of the systems and any updating of your procedures
Advising you on the contents of reports and designing the formats of information presentation
Designing your filing and information retrieval systems
Developing your disaster recovery plan to safeguard against theft or loss of data or hardware
Undertaking training on the software and systems which is so vital to any successful installation
Providing a telephone helpline and advisory service to manage and develop your systems
Developing your profit strategy
Profit is so vital to your success, enabling you to reward your people and re-invest for the future. We ensure that you maximise your profit potential through careful research and planning involving your customers, your competitors, your people and all the information about your business sector including:-
Identifying and improving the sales conversion process
Customer analysis
Customer profiling
Customer Surveys and feedback techniques
Competitor analysis
Pricing strategies
SPINSelling
Customer and product profitability
Gross profit improvement, innovation; new products and services
Developing your growth model
Growth can be one of the most difficult business activities to manage successfully. We give you vital information about your business which will be essential to enable you to achieve a balanced growth programme including:-
The 4 ways to grow your business
The business growth model
Reviewing your business plan
Benchmarking your business performance
Identifying the barriers to your performance
How you can become more effective
Developing your cost model
Cost control is a key element of any profitable business.
We help you to identify cost savings and ensures that you are getting value for money from your suppliers and business partners including:-
Reducing the cost of your suppliers
Reducing the cost of your overheads
Utilities
Telecoms
Insurance
Financial
Stationery
Computing
Capital expenditure
Developing your cash model
Cash is the essential lifeblood of any successful business. You can be very profitable yet run out of cash. We ensure that you control and manage this vital element of your success including:-
Identifying your cashflow model
Developing your cash management strategy
Improving your credit control
Developing your growth plan
Improving your capital structure
Increasing your sources of finance
Reducing your cost of capital
Developing your personal financial plan
We all need a financial plan, which meets our hopes and aspirations for the future. We ensure that you have all the right products and investments to meet your individual financial requirements including:-
Discussing your hopes and aspirations and understanding your future plans
Considering your current and future cost of living including your long term care strategy
Discussing your risk criteria and your individual investment strategy
Investigating the best products and investments that will meet your requirements and satisfy your risk criteria
Creating a financial plan to meet your future needs and requirements
Reviewing your investments on a regular basis to ensure that they continue to meet your needs
Discussing your retirement, business succession or sale strategies
Reviewing your wills to ensure that they achieve your wishes and keep inheritance tax to a minimum
Producing your Prosperity Plan, a comprehensive report on your assets, investments and their performance over the past year.
Developing your tax plan
Tax payments are naturally linked to the profitability of your business, yet with careful planning at critical stages in the business planning cycle considerable tax savings can be made.
We ensure that you pay the minimum legal tax payment including:-
Helping you to implement a tax reduction strategy
Undertaking proactive tax planning
Extracting profits from your family company in the most tax efficient way
Creating tax efficient remuneration packages
Installing a tax efficient motor vehicle acquisition plan
Developing tax efficient benefit structures
Maximising your tax free capital gains
Increasing your tax free income
Implementing tax free pension planning
Developing your continuous improvement plan
If you don't measure it you can't manage it!
Every business needs to continuously improve its performance in order to succeed in these highly competitive times. We can tell you how you are performing compared with other businesses in your sector and U.K.Plc as a whole. We identify the areas where improvements are needed and help you to develop an action plan for success including:-
Helping you to develop your key performance indicators
Designing your regular performance reports
Benchmarking your performance against the best in your sector and highlighting the main areas for improvement
Undertaking competitor analysis and reviewing key performance indicators
Developing your performance improvement action plan and identifying the milestones along the way
Facilitating performance improvement
Coaching your people in change management and the dynamics of the process
Creating a benchmarking focus group to keep key performance indicators under review
Carrying out regular reviews on progress
Business coaching programme
The programme is very flexible and can take as little as ½ hr per week or as much as 1 day per month to help you achieve your goals.
It has a proven success record with productivity improvements of 10-15% and net profit increases of 30- 40%.
To find out more about our Business Coaching Services or to obtain a free business performance report, or to request a reading list to change your life please email info@lamontpridmore.co.uk or telephone Graham Lamont 0800 234 6978.
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