I want to grow my business but don’t know where to start

So you’re at the stage that where your business is growing, or you want to grow your business, but you don’t know where to start.

 

It’s easy to just go with the flow sometimes, and the next time you look you’re not going in the direction you intended to.  You might be too busy and constantly chasing your tail, you’ve forgotten what your family look like, or you might not be generating the income you thought you would.  Now’s the time to take stock, and make a plan, and grow your business the way you want to.

But where do I start?

Always a good question.  Start by making time to plan your future, not your business future but your own future.  What does your future self look like, where are you living, how many days a week do you work, how much free time do you have?  How much spending money do you have?  Don’t worry, we can assist with all of this, with our Strategy Sessions, and there will always be cake and biscuits!

I’m planning my business, not my personal life

Aha – yes indeed you are, but why are you in business?  Possibly to have the freedom of being your own boss, but definitely to earn a living, and make your own choices.  Which leads us back to what your future self looks like.  Because your business needs to support your future goals.

Once you know your personal goals, we can work out how the business achieves these personal goals.  We’ll look at your purpose and vision,  and what revenue your business needs to generate to meet your goals.

There should be cake and biscuits left to see you through this bit.  Working through your personal and business goals will take about 3 hours, but we promise to take care of you, and we won’t use any scary jargon.

So now I have my business and personal goals, what next?

OK, now you can leave us to our calculators and forecasting apps, while you have a 2 week break, preferably somewhere sunny.  During this time we’ll pull together a 12 month budget and forecast, ready for part 2 of our Strategy Sessions.

How does my business grow after all of this?

The next time we meet, it will be to put together a One Page Business Plan.  This is another 2 to 3 hour session, but the time will fly!  At the end of the session you will have a one page business plan, with a clear plan on how you will grow your business over the next 12 months, with specific targets and goals.  You will have a clear purpose and vision, and you’ll know exactly what you want to achieve.

Each of these goals are further broken down into your goals and action plan for the next 3 months, including who’s doing what and by when.

That’s all very well, but I’m not sure I’ve got the time to stick to this

Ah we know this one all too well.  That’s why we’re going to meet with you every 3 months, to review what you’ve achieved, how well you met your last 3 months’ goals, and then we’ll set an action plan for the next quarter.

I hope that gives you the first step on your growth plan.

We’d recommend booking a strategy session with us, and our GrowMe Package includes the quarterly reviews I’ve talked about.

Our Strategy Sessions start at £1,000 for everything included above.  We normally charge 50% upfront, and 50% after the second session.

We’d love to work with you and help you to grow your business.  Do get in touch for more info.

Thank you for reading!

Sharon

 

 

Kinder Pocock are an approachable cloud-savvy firm of accountants based in Herefordshire but supporting businesses on the move.

We specialise in Security, Technology, Design, Indie Hospitality, Indie Retail.

@KinderPocock

01432 273400

 

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