“Most busi­ness­es aim at noth­ing and hit it with amaz­ing accu­ra­cy”

We work close­ly with all of our busi­ness clients in order to help them to exploit the poten­tial that lies with­in their busi­ness­es. We do this by work­ing with them to define and agree the per­son­al goals of each of their share­hold­ers, direc­tors or pro­pri­etors in the busi­ness. This leads to agree­ing a com­mon vision for the busi­ness itself and hence­forth to a strat­e­gy for how to achieve that.

The key to this ser­vice is that as accoun­tants we have an ongo­ing rela­tion­ship with our clients, so we are always there to keep the clients account­able for their actions and to remind them of the com­mon vision and the actions which were agreed in order to get there.

The Process

Our Busi­ness Improve­ment ser­vice is not based on a one-size-fits-all mod­el, but there are cer­tain ele­ments which are com­mon to each client.

The process starts with a busi­ness plan­ning ses­sion that is designed to enable the key stake­hold­ers in the busi­ness to define and agree a com­mon vision for the busi­ness as well as to agree an action plan com­pris­ing of some medi­um and longer term strate­gies, as well as some quick wins. The plan­ning ses­sion will also include an analy­sis of the prof­it improve­ment poten­tial that exists with­in the busi­ness.

An exam­ple of the impact of this plan­ning ses­sion on the prof­it poten­tial that lies with­in your busi­ness can be found here.

The quick wins will usu­al­ly include some actions which can be imple­ment­ed quick­ly which should result in prof­it improve­ments for the busi­ness. These actions will not nor­mal­ly be the ones that build sig­nif­i­cant long term val­ue into the busi­ness, but they do help the man­age­ment team buy in to the process.

After the plan­ning ses­sion, a pri­ori­tised and time-bound list of actions is agreed. We will then hold reg­u­lar meet­ings to hold peo­ple account­able for the imple­men­ta­tion of the actions as well as to update the action plan and con­tin­ue to enable the devel­op­ment of new busi­ness improve­ment ideas.

Usu­al­ly part of the action plan will be to improve the company’s man­age­ment report­ing and to devel­op month­ly report­ing of the company’s Key Per­for­mance Indi­ca­tors (KPIs). Ide­al­ly we will assist the client to pro­duce as much of these as pos­si­ble them­selves but we have a ser­vice specif­i­cal­ly designed to pro­vide this for clients if required.

To find out more call 0141 332 6331 or email mail@russell-russell.co.uk