Make Smart Business Decision

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Got Business Problem?? Make Smart Decisions with By:- Gallowaypartne

description

The pace at which your business can move will increase, making you more agile and responsive than your competition.

Transcript of Make Smart Business Decision

Page 1: Make Smart Business Decision

Got Business Problem??

Make Smart Decisions with

By:- Gallowaypartners

Page 2: Make Smart Business Decision

Gives you more efficiency in solving problems and making effective decisions…

SMART DECISIONS…

The pace at which your business can move will increase, making you more agile and responsive than your competition.

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Technical Expertise problems are easy for people to solve because they are great technicians – no-one ever comes to us and says “I’m not sure how to build this retaining wall”, “I’m a bit unsure how to get this wisdom tooth out”, or “I can’t get this truck engine going”.

Your expertise…

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Problem Solving Process…

Is this a technical problem, or a business problem?

Upgrade Skills

Outsourcing

Streamline

Automation

Is it aCapability Issue??

System Issue??

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??? BUSINESS PROBLEM

?? MANAGEMENT PROBLEM

??? Can’t be solved by YOUR TECHNICAL EXPERTS

Define your Problem??

!! Unfortunately business problems aren’t always as clear.

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Business or technical?

When you come up against a problem that is causing you pain, “Is this a technical problem, or a business problem?”

You solve it with your specialized professional knowledge (e.g. dentistry, mechanics, farming, surveying, whatever) or does it need business management knowledge?

If a builder has a cash flow problem, then it is probably not much to do with his bricklaying ability, and more to do with his business management.

Problem??

ASK YOURSELF

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Capability or system?Issue?

Lack of Capability on part of People Involved

System Issue

Management Problem

Cash Flow Management Issue

Insufficient Information from Accounting System

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Yes It is a Capability Issue…

Up skill

Outsource it

Learn How to Do it.

Get an Expert.

Look for an Adviser like Galloway

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Outsourcing a Need…

If as an owner you find yourself sitting down making payments, authorizing invoices, sending marketing emails and doing other administrative tasks, it is a clear sign that you need to outsource, streamline and/or automate, so that you can stick to doing great technical work in your field of expertise, and making decisions about the direction of the business.

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No It is a System Issue…

It means working out where the glitch is in the system and working out how to streamline and automate it.

!! Should implement a cloud-based system with tailored reporting so that

you can keep an eye on cash flow at any time, no matter

where you are.

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Be a Business Leader

Be a decision maker as much as possible, rather than a “doer”, at least on the management side of things.

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Contact Us: Suite 6, 14 Sale Street, Orange, NSW

AustraliaPhone No. :-1300 30 20

For More Details at:- www.gallowaypartners.com.au