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BUSINESS PERFORMANCE REVIEW
A Business Performance Review is a health check for your organisation. The review and resulting report will provide reassurance that the business is operating at the optimum level and you are meeting targets.
A Business Performance Review is an opportunity for organisational improvements to encourage business growth. Processes that aren’t as efficient or effective as they could be are assessed and redeveloped, leading to overall performance improvements for your organisation.
Our team of experts will conduct an independent review of your business. Our report compares performance against your business plan and highlights your company’s strengths. We review processes and work shoulder-to-shoulder with your company’s management and employees. We examine Key Performance Indicators (KPIs) to identify areas where changes will help your business to become leaner and more efficient.
A regular, independent, Business Performance Review is essential for the successful ongoing health of your business.
A Business Performance Review by Corporate Lifeline will provide you with the reassurance of your steady performance against your business plans and also provide you with opportunities for organisational growth.
Why do I need a Business Performance Review?
Regular business performance review will identify strategies and business processes that work and those that don’t and need to be amended or dropped. We may identify techniques to be introduced to ensure the ongoing growth of your business while maximising profit.
What is involved in a Business Performance Review?
The business plan is reviewed, for currency and validity. Progress against the plan is checked to ensure your business growth is proceeding as expected. Analysis of strengths and weaknesses helps to identify areas for improvement. Financial analysis will identify trends in your cash flow, stock or service turnover rates and debt management.
What is a SWOT analysis?
A management tool often incorporated into a business performance review, a SWOT analysis
helps your organisation maintain continual improvement, by:
● Building on Strengths
○ Identify and maintain areas that work well.
● Minimising Weaknesses
○ Improve or abolish processes that may be putting your business at a disadvantage.
● Seizing Opportunities
○ Examine and assess external factors, such as market changes or emerging trends which may be an opportunity to grow your business.
● Counteracting Threats
○ Identify, and plan to counteract, threats to your continued success. Such threats may include market changes or a new strategy by a competitor.
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At Corporate Lifeline we have an array of services to cater to any phase your business is in financially.
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If you find yourself in a situation where you need financial advice for your business, let us help you.