Why would I need to engage a business consultancy?
Calling on a business consultancy is not an obvious action when you’ve already been successful with your business and managed without business consultants helping you. However, even the best of us benefit from a fresh set of eyes now and then because it’s often hard to see the wood for the trees. Options are:
1. A regular business consultancy health check
You can bring in a business consultancy periodically for a general “business health check” – the consultants will give that fresh eyes overview to give you an early heads up on any issues developing. This is a really good approach and will really help keep your business “lean and mean”. Investors usually find this a very reassuring approach.
2. To identify and cure a problem
However, usually a business consultancy is called in when the senior managers/directors identify that something is wrong. It’s usually highlighted by falling profits but can be just a general feeling that something’s not right and could get worse. An experienced business consultancy coming in at this point can make the difference between a great new future and collapse in the worst case.
Common business symptoms
Common problems tend to be around the following areas so if you even think any of these might apply then a call to Mistral Associates (www.mistral-associates.co.uk) would be a very good idea.
i. Stagnating or deteriorating levels of sales and/or profitability.
ii. Management feeling exposed or out of their depth.
iii. Lack of skills in a particular discipline in the management team.
iv. Funding issues holding back growth.
v. Problems with professional advisors/bankers.
vi. Poor team spirit/morale in the management team and/or across the business.
vii. Lack of a clear strategy for the business.
viii. Disagreement within the team on objectives and direction to take the business.
ix. Internal conflict
x. Questions on whether the corporate structure is suitable.
xi. Significant expansion/major capital expenditure/acquisition integration.
xii. Development of new products/markets.
How do I find out if Mistral Associates business consultancy can help us?
I’d strongly suggest that you download the brochure from our home page (or request a hard copy from us); discuss it with your partners or key staff; then arrange a free meeting with us. There’s no charge for the initial discussion and no obligation, so it’s a win-win.
At Mistral Associates we’re also aware that it’s not just about the skills and experience we bring but it’s also about how we gel together. We therefore agree with you who our lead business contact will be for you. You get the best fit for your business and you still get our full skill set.
Contact Mistral Associates today to arrange your free and confidential meeting
