Business Health Checks

A recent survey finds out that 62% of the businesses in Australia do not have a succession plan.  Does your business have a succession plan?

Most doctors would recommend their patients to undertake regular health checks, particularly when they get to a certain age group. Companies are no different.

Having established a successful business, how do you think you are managing your debtors, cash flow, stock level, liquidity, covenants, staff utilisation etc? Are you aware of the "soft spots" in your financials so that you can take appropriate measures to protect your business? Have you considered your succession plan or exit strategy, in case one day you wish to take the back seat and put your feet up, or simply selling your business?

A regular health check can assist you in identifying current and/or emerging issues in your business, planning for future expansion, or preparing an exit strategy.

If these are some of your concerns or it has been some time since you have received an independent health check, Aspiron Consulting Group can help you get the job done.

We will first sit down with you to determine the most concerning areas that require immediate attention, undertake a health check and provide you with a written report. We can also assist you in instigating and implementing strategies in tackling the soft spots identified (if any), and strengthening your company's business.

In addition, if you are looking at a potential business acquisition, we can also help you review the company's financials to identify potential emerging issues.