Health Check
Often referred to as "the physical" the business health check takes a fresh look at what shape your business is in. Health checks are paramount to the success of a business and Private Equity Houses such as Hamilton Bradshaw insist on such checks as part of any investment programme.
By analysing the critical success factors as well as other core elements, the health check serves as the first stage of the journey by helping a business to grow.
Areas covered are:
- People, management and culture
- Resource
- Compliance
- Innovation
- Marketing & Sales
- Operations & Systems
- Finance
- Strategy & Growth (past, present and future)
By asking key questions, we can help you identify your strengths and business improvement needs, helping you to focus your valuable resources on activities that deliver the best results for profitability and increased market share. It is also important that urgent and potential weaknesses are highlighted, enabling you to act accordingly, gaining expert support where you most need it.
The Department for Business, Enterprise and Regulatory Reform (BERR) to urging businesses to start the New Year with a "business MOT" to ensure they're in good shape to ride out the current economic downturn.
Designed for the Recruitment sector, the process is split into three main phases:
Data gathering: Review of records/history, interview of staff, observation of processes and operation etc.
Analysis: Detailed analysis of data may include financial, statistical modelling. SWOT analysis etc.
Presentation of results: Written report explaining the process and giving a summary of the results and providing recommendations
As well as helping you to understand the shape of your business, the health check will also help you to identify industry benchmarks, with specific areas for improvement; develop a realistic plan to support your business growth, its profitability as well as improving business value and define the appropriate level of support and advice needed to facilitate the above.
To book your MOT today email: enquiries@hbrida.com
