Starting a business is one thing, but growing it is another challenge on its own — one that would require the assistance of a professional Board of Advice.
The Board of Advice Program here at Astute Advisory Group is among the most sought after solutions, particularly for medium and larger enterprises. This is primarily due to the onset of growth of businesses, in which owners of private and family ventures seek out specialist advice on knowing how to protect the business, increasing its value, and maximising the capital value on exit so they can achieve financial independence.
We understand your need for a trusted sounding board, with whom you can discuss and collaborate with to develop strategies to address your major business concerns. Having our highly experienced team of advisors on your side would allow you to make more informed decisions, come up with effective strategies in meeting new challenges, as well as help you become more prepared in protecting and securing the future of your business.
We help companies turnaround their non-profitable ventures into something that benefits them. Our speciality lies in understanding what makes a company special and what makes it tick.
We understand your need for a trusted sounding board, with whom you can discuss and collaborate with to develop strategies to address your major business concerns.
The Board of Advice advisors are here to ensure that all aspects of securing and accelerating your business’ growth are covered — taking it to new heights in a strategic manner.
The key role of having a Board of Advice advisory service is to provide your business with an independent sounding board to enable you to strategically grow and transition the value of your business. Other key features of the role include the following:
- Analysing and tracking your business profit and cash flow to budgets and targets;
- Optimising your business to determine its true value;
- Comparing your business performance to financial and industry performance benchmarks;
- Conduct regular meetings to track performance against your financial goals, discuss pertinent matters and resolve to reduce business risks, manage growth opportunities as they arise, and periodically re-value your business to quantify the value created thus far.
The key outcome of our AAG Board of Advice advisory service is providing you with the necessary support and foundation through independent and objective advice, so you can achieve your goals while remaining financially secure.
Have more time and energy in directing your focus towards your core business issues, as well as in developing new services and finding innovative ways to usher in new customers.
Have a better understanding of the financial side of the business, especially for first-time entrepreneurs, in order to minimise risks and have more control over the business’ cash flow.
Have access to a readily available sounding board for when you need to make tough business decisions, as well as in getting a clearer view of your business plans.
Improve your decision-making capabilities upon clearly seeing the hard and true numbers of the business.
Have a sense of comfort knowing that a professional has your back when it comes to overseeing, protecting, and constantly improving the financial aspect of your business — all while reducing threats and helping you harness and grow the overall profitability of your company.
98% of business owners in Australia believe there are opportunities to grow their business, and most have ideas to do so. What they lack is a plan – only 20% had prepared a business plan.
A strong business plan requires going beyond intuition and experience and supporting your idea with fact-based market research. You need to have confidence in your understanding of the market, so don’t let yourself down by skimping on research.