Definition: Business Consulting - Business and Management consulting (sometimes also called strategy consulting) refers to both the practice of helping companies to improve performance through analysis of existing business problems and development of future plans, as well as to the industry composed of firms that specialize in this sort of consulting. Management consulting may involve the identification and cross-fertilization of, analytical techniques, change management and coaching skills, technology implementations, strategy development or even the simple advantage of an outsider's perspective. Management consultants generally bring formal frameworks or methodologies to identify problems or suggest more effective or efficient ways of performing business tasks.

Every business needs a plan. If you do not have a plan, you PLAN TO FAIL.

Every building needs a foundation to build upon. Similarly your business needs a solid foundation of plans strategies and actions to build upon. As the definition above suggests, there are a number of other disciplines that cross paths with business planning. A good business plan should encompass all of the items in the definition and fuse them into a working relationship for your business.

Many SMEs live on a day to day basis with no vision, no one year, three year and five year plan or a succession plan or even an exit plan. If these three basic plans are not documented within your business, you need to contact Rent Lease Group immediately for advice and direction.

Rent Lease Group has the necessary experience over the last 15 years in SMEs to direct and guide you and your business to build for the years ahead.

A business plan does not have to be complicated. But it certainly should not have any holes in it that could lead to your downfall. Rent Lease Group has the necessary expertise in a number of fields that you will require. Some examples of these are:

• Overall Business Planning

• Action Planning & Implementation

• Market Research Current, Potential Customers, Competitors

• Promotion Increasing Leads, Conversion, Average Dollar Spend

• Pricing Policy & Profit Margin

• Distribution Strategies & Implementation

• Budgeting

• Marketing Program Implementation Telemarketing
  Sales Presentations, Seminars, Event Management, Reward Programs

• Systems & Total Quality Management
  Evaluation and Control, Profitability, Productivity

• Organisational Management

• Business systems processes.

NEWS ARTICLE

TRAGEDY OF BUSINESS
By Ravi Weeramantry

So lets face it According to some estimates 66% of business fail in the first year. The same statistics claim that of the balance another 66% fail in the next 3 years?

So are you part of these figures or are you the balance 10-15% that will achieve the pinnacle of ones dreams?

What are you in business for? What are your aims? What are your goals?

Do not despair, many of the worlds greatest success stories experienced downfalls before they achieved greatness. But what characterises a successful businessperson from a failed disaster is one that does not learn from ones mistakes. The one who believes that they can do it all themselves generally is the one that heads for failure. You must be willing to learn and become a sponge of information, good, bad or otherwise. Once you have a substantial base of information surrounding your business, one needs to be able to sieve the good from the bad. What parts of this information will help my business? What parts of it are useful for later on? What parts of it are useless?

According to a recent study by the University of Technology, Sydney, commonly cited reasons for business failure are, financial mismanagement, bad management, poor record-keeping, sales and marketing problems, staffing problems, failure to seek external advice, general economic conditions and personal factors.

Inexperience, lack of help, lack of a sound business plan, lack of marketing abilities, lack of funds, lack of planning, lack of knowledge of regulatory requirements, lack of knowledge of staffing and hidden costs associated all contribute towards the unfortunate statistics.

Ineffective sales and marketing problems are a major cause of these failures. This brings into play you knowledge of the market, your competitors and possibly seasonal factors.

Even after one has been in business for some time, business owners must think

Why are we doing this?
Why am I just working for a wage?
Why and I working 60 -80 hours a week with all these headaches?
Why after working so hard am i struggling to pay my bills
Why am I paying the overdraft when my customers have my money?
Why are my profits so low?
What can I do to improve my bottom line?
I hear

Freeing up working capital is one successful measure against business failure.

It is not all doom and gloom. There are many ways of accessing sound business assistance. You can of course read every article ever written on the subject - that is of course if you have the time after working 60-80 hours per week, or one can seek independent outside assistance.

Consider this case. A client of ours approached us prior to starting her business. She had never been in business previously. She outlined her business ideas and her thoughts. She had prepared a business plan that encompassed various avenues she was willing to explore. Over numerous meetings prior to her starting her business, and numerous meetings and conversations post her implementing her business ideas, we were able to steer her business in the direction of the greatest profit. Today, two years later, the business turns over 3 million dollars employing a number of people and is a very successful enterprise with a far greater percentage of bottom line profit than what was anticipated on the business plan.

What the outside expertise and mentoring provided our client was the ability to work on the business and not in it for a livelihood.

Would you like to have been in this situation? Its never too late to consult with a group that has had sales and marketing experience in particular. RW Marketing will guarantee that we will increase your profit by a minimum of 30%. RW Marketing also give you a 100% money back guarantee that unless we increase your bottom line our services will be at no charge.

So what are you waiting for, fill in the details below and fax back immediately for your opportunity to have a FREE one on one discussion with an executive from RW Marketing.

If you would like more information please call 1300 309 806 or CLICK HERE and a representative will call you as soon as possible.