Our Profit Growth Consultants are dedicated to making your business the best it can be. Consulting Unternehmensberatung für Ärzte Hamburg: Contact one of our Profit Growth Consultants with many years of proven expertise and remarkable track record to assist your company to take business operations to the next level resulting in a significant growth in profits.
Revenue Growth can be achieved by many means. Some clients, especially those driven by factors including but not limited to wanting to increase market share, take out potential competitive threat, widen product portfolio, consider expanding either by entering a joint venture or acquiring a company.
Any of our Profit Growth Consultants will neither reject nor accept the entrepreneur’s initial outline of the situation too fast. Let's assume the issue is presented as low dedication and poor commitment in the organization's members. The Profit Growth Consultant who buys this definition for real might end up spending a lot of resources studying alleged symptoms without ever getting to the root of the cause. Other than that Profit Growth Consultant who too quickly rejects this way of labeling the situation will terminate a potentially constructive profit growth consulting process before it even begins.
Planning To Achieve Profit Growth By Expanding Your Business?
Any of our Profit Growth Consultants will neither reject nor accept the entrepreneur’s initial outline of the situation too fast. Let's assume the issue is presented as low dedication and poor commitment in the organization's members. The Profit Growth Consultant who buys this definition for real might end up spending a lot of resources studying alleged symptoms without ever getting to the root of the cause. Other than that Profit Growth Consultant who too quickly rejects this way of labeling the situation will terminate a potentially constructive profit growth consulting process before it even begins.
Discover The Secrets To Profit Growth With Less Stress
For a Profit Growth Consultant being effective means convincing an entrepreneur to implement the recommendations instead of just staring at it. This is just the tip of the iceberg. Not only the business owner himself but also his staff needs to be on the same page so that all forces join to impleent and make the needle move. To achieve that, the consultant has to be very skilled not only in analysing the situation but equally important in communicating the prescription. On top of that all key players must be on board, each with his/her share in the solution, so that the target will be hit. The Profit Growth Consultant has to have an organizing principle in place himself through which he can identify whom to include in the consulting process and how to spark his interest.
How To Convert Business Growth Into Profit Growth
Typically entrepreneurs tend to give Profit Growth Consultants complex issues to find solutions for. For example, a client might wish to find the answer to the question looping in his head whether or not to invest into a new component, enter a joint venture, implement or build a new sales funnel or add further marketing channels. Or the business owner may ask how to restructure procedures and organizing principles so that change management becomes more agile in challenging times and changing environments with new rules, or which traffic sources to adopt in advertising; or what the most practical solution exists for an issue like high cart abandonement, high bounce rates on websites or landing pages, low customer retention, stagnation in lifetime customer value, low email open rates or whatever.
Our approach is to regard the process as a sequence of entry-point, agreeing to the terms for profit growth, diagnosis - our Profit Growth Consultants call it "download", fact finding, evaluation, presentation of the analysis, recommendation of the first 'one big thing' that will move the needle within 12 weeks, implementation, tracking, optimization, scaling and then go back and repeat. 80-20 rule is prevalent when it comes to this. And 80% of the one-step action plan is going to involve either following up more with leads and or customers, or getting more turnover per transaction, which might be a one-click upsell, One-Time-Offers, downsells, retargeting or simply selecting better price points etc.. Then the art for the Profit Growth Consultant really becomes to keep the entrepreneur focused, because clients, especially when they see that things start working, they love to get distracted and try other methods which tend to break the machine.
The Lazy Way To Profit Growth Without Overwhelm
While many consulting services and firms have come up with best practices advising clients on strategies to leverage the latest technological trends, few consulting companies apply this to themselves. We do walk the talk and in opposite to most other consulting firms we do not charge you by billable hours, billable days but a fixed price per milestone instead. Once we reach the target the growth in profit will make our fee well worthwhile.
The engagement with Profit Growth Consultants typically concludes with a presentation and written report which summarizes the action steps in detail the client should implement to move the needle. We devote a great deal of effort to putting those reports together in such a way that the starting point is clearly defined and presented as such and the recommended implementations are convincingly related to the analysis on which they are based. The mandate can be construed as fulfilled when the profit growth consultant presents a consistent action plan containing a sequence of steps designed to solve the diagnosed issue or improve something that has been working to a certain extent. The Profit Growth Consultant recommends and the entrepreneur implements.
While many consulting services and firms have come up with best practices advising clients on strategies to leverage the latest technological trends, few consulting companies apply this to themselves. We do walk the talk and in opposite to most other consulting firms we do not charge you by billable hours, billable days but a fixed price per milestone instead. Once we reach the target the growth in profit will make our fee well worthwhile.
How To Convert Business Growth Into Profit Growth
The first step for any Profit Growth Consultant is the fact finding phase, where the objective is to learn the client's business and the target of the mandate. A good Profit Growth Consultant takes the time to gather as much information from the owner and employees as he can about the business. This can include looking into existing systems including but not limited to sales pipeline and accounting, touring the facility, talking to managers and staff, analyzing the finances and operations. During this process, the Profit Growth Consultant will detect the essentials of a company's mission and what procedures and processes are in place.
Selling universal effectiveness is part of each step. Whilst taking note of a client’s worries about one department, the Profit Growth Consultant ought to relate them to what’s happening at other places in the company. While focussing on daily matters, he or she has to additionally think about potential future issues. When "downloading" managers’ concerns why profit growth is tough to achieve, the Profit Growth Consultant should also be vigilant for obstacles that may occur throughout the consulting process. Like this the profit growth expert contributes to average effectiveness through addressing instantaneous issues with sensitivity within the bigger picture and context. Entrepreneurs should not conclude that the Profit Growth Consultant is just after maximising his own profits by raising wider/more open questions. The Profit Growth Consultant is in charge to moderate and lead the entrepreneur through this journey so that targets will be met, no matter how. By interacting with the entrepreneur he/she has the chance to finally speak out those things that have been looping around in his/her brain for so long without any solutions so far. This is the pattern the Profit Growth Consultant has to break.
The Profit Growth Consultant’s role regarding implementation of his own advice is subject to a remarkable discussion in the consulting industry. One could claim that a consultant who assists to implement his own recommendations takes on a much wider responsability that exceeds the one of a profit growth consultant and might even be at risk of conflict of interest. Others reckon that not helping with putting everything into effect can only be construed as non-professional because the risk of missing out on potential realistic additional profits comes close to 100% if the recommendations are not or badly implemented as they normally should be. Besides there are workarounds for the consultant without having to take on the manager's job in charge of implementation, e.g. outsourcing to an independent specialist or freelancer who just gets these things done and implemented.
Any engagement’s usefulness to a business depends on the degree to which managers agree upon the nature and character of the issues and possible solutions. Without it there won't be neither any acceptance of the diagnostics nor implementation of the recommendations nor the willingness to share essential data with the Profit Growth Consultant. Our Profit Growth Consultants not only deliver sound and convincing action steps, they are also persuasive, have good people skills and excellent analytic skills. Furthermore our consultants are trained to design and conduct a process that results in an agreement which steps are essential for profit growth and to establish the momentum in the company to follow through with execution and implementation.
Managing Your Profit Growth Expectations
The undeniable advantage of having documented outline of the recommendation prescribed by one of our Profit Growth Consultants is that you as an entrepreneur / business owner and your team have a collection of action steps to fulfill in a consistent manner and without anybody having to guess, estimate or even think about what to do next.
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