Business Solutions
Building Improving and Restructuring better business solutions for you and your business
Imagine great business solutions? We do!
What do you want to achieve?
- Build your business (but without risking everything)?
- Improve your profitability by focussing on those areas which will not cut your core values for your customers?
- Convert losses into profits?
- Generate positive cashflow?
- Avoid insolvency?
- Implement the right restructuring plan for you and your business?
- Settle a litigious matter without the cost, time and uncertainty of litigation?
How does the prospect of achieving all of this make you feel?
- Do you feel overwhelmed by the size of the task in front of you?
- D you feel you and your team might not have the skills and/or time to do this all yourselves?
- Do you feel confused as to where to start?
- Do feel uncertain as to know what is important to change in order to achieve the results you are seeking?
- Do you feel you are too close to the issues and you would appreciate some objectivity and perspective?
If so, BIR Solutions can assist you.
We are a business solutions and performance improvement company, focussing on those businesses which are looking to build, grow and improve their profitability or turnaround their business.
We focus on you....
Sounds simple but why you?
Unless we understand what is truly important to you, any plan of action which does not take this into account is likely to fail.
Far too often, business consultants build a plan around what they think is important for the business. These plans might be good plans but far too often these plans do not get fully implemented or they are implemented without the passion to make them successful.
If we understand what is important to you, we can build a plan which will take your objectives, your needs and your wishes into account. You are far more likely to implement a plan which is built around what is important to you rather than a plan which you are not passionate about.
Playing it safe has never been a good way to get ahead of the pack - or, get back on track....
Business insanity is defined as "doing the same thing over and over again but expecting different results." We want to assist you avoid business insanity.
To achieve your business objectives, changes to your current business processes and practices will probably be required. Unless you are committed to the process of change, our experience is you will find it more difficult to achieve your objectives.
We take you through the process of change so your plan will be successful.
In the implementation of successful strategies, people matter most.....
People, strategies, numbers are all important but probably in that order. If you don't have the right people doing the right jobs, building, growing, improving or restructuring your business is just hard work.
We can assist you make sure you have the right people doing the right job - and help everyone keep the focus on your key objectives. Our profiling tools, management 360 tools and entry/exit surveys are, without doubt, the most sophisticated yet easy and cost effective to use in the market today. In the area of employee assessment and talent management, we recommend and use many of the tools developed by Profiles International, which has over 40,000 clients worldwide.
Know where you are if you want to know where you are going....
Before you can make changes, you need to know what needs to be changed. This can only be achieved if you know where you are - in terms of your people and their qualities and aptitude for their jobs, your strategies and your financial position and financial capacity.
We focus on assisting you apply proven techniques in a time efficient and cost effective manner.
Measure the things that matter....
If you can't measure it - or don't measure it, then you won't know if your changes have been effective.
We assist you identify clearly measurable targets against which you can monitor your progress and rate of change.
Strategic planning is dead.....
In today's fast changing world, focussing on developing a detailed strategic plan with 'mission statements' and 'vision statements' does not make good business sense. (Useful for financiers, perhaps, but the fact most business plans are generally consigned to the filing cabinet after they are written says a lot about their relevance on the day to day issues we all face in our businesses).
In our experience, there are far more important issues for you to spend your time understanding: most of these centre around understanding your people, your strategies and your financial capacity to achieve your objectives.
We assist you develop your people so they are able to focus on what is important for them to do well in their jobs. People who enjoy doing their job and do it well will do what you need them to do when you need them to do it.
Profit without cash suffocates your business.....
Many businesses have good business models but they don't have the cash to implement them successfully. You need the right mix of debt and equity to make a business viable.
We can assist you understand what is the right finance mix both now and in the future for your business model. And, we can assist you put in place the right funding so your business will not wither from self strangulation.
If your business is incurring losses and the cause of the losses is not identified, the business will slowly - or quickly - die.....
Many businesses run into a short term and sometimes a longer term hiccup - something which prevents them generating profits. When losses erode the capital base of the business and creditors start to have a greater stake in the business than is healthy, then swift remedial action needs to be taken.
We assist you understand the cause of the losses, identifying potential solutions, creating a starting platform from which to turnaround business performance and then developing and implementing a restructuring plan.
When this requires an insolvency appointment as part of the restructuring plan - often to place a tourniquet to stop the bleeding - we can assist either as the insolvency appointee or as the independent party to make sure the insolvency appointee focuses on the objectives you want them to achieve.
How do we do all of this?
We empower you and assist you to solve those strategic, operational, human capital and financial issues which have an impact on the profitability and viability of your business. Not just simple problems too. Sometimes the solution requires a mix of various strategies across a multitude of disciplines - from business strategies in sales and marketing to finance to talent management to solvency.
Founded by Michael Royal in 1995, BIR Solutions can help you with your most difficult challenges in your business.
If you are a business owner or manager and a leader in your business, you know these challenges don't go away when you ignore them. They continue to impact your ability to achieve the best results for your business. We help you put in place solutions to solve these challenges and manage them so you can rest more easily at night.
What you want and, what you need
As a business owner or manager, you probably have many goals you want to achieve with your business and there are many opportunities which you can pursue.
You may want to improve the performance of your business and generate more sustainable profits and cashflow or, you may wish to improve the sale value of your business as you look to undertake other interests and challenges in your life. Or, you may wish to grow your business via strategic initiatives, innovation initiatives or acquisitions.
Perhaps before you tackle these opportunities, you may need to remove the shackles from your business caused by not having the right people in the right jobs or not having adequate finance to get the job done. Or, you may need to restructure your business and effect a turnaround in performance before you can achieve your goals.
The challenge for most business owners and managers is the shortage of time, expertise and experience to make the most of the opportunities, particularly as many of these opportunities utilise skills which are not the usual things you do every day.
In these situations you need experienced professionals who can assist you achieve your objectives efficiently and cost effectively.
History has a habit of repeating itself
Many business owners and managers set out with the right idea, the right enthusiasm and the right product or service. But, through a lack of experience, expertise or the wrong advice, the end result can be lost time, lost money and lost opportunities, affecting performance, profitability and even viability. 86% of Top Fortune 500 companies from 1950 are no longer in existence today
Businesses survive and grow through having the right strategies, the right people to implement them and the right financial structure to carry them to fruition. If any one of these 3 key elements is lacking in your business, the task of efficiently and effectively maximising the performance of your business is harder than it needs to be.
How BIR Solutions helps you achieve your goals
With BIR Solutions, you now have someone to turn to who has the expertise, the experience and just as importantly, time and cost effective solutions to solve your greatest challenges.
Growing your business, winning new business, selling your business, acquiring new business, improving your profitability or even restructuring your business - BIR Solutions is here to assist you make better and smarter business decisions.
Our services are designed to give you the tools you need to easily identify opportunities, put in place solutions and run a more effective and profitable business. Our services provide you with the three core drivers of business success, enabling you to make better and smarter business decisions:
You can use any one of our core areas independently as you need them.
Don't know where to start? Then ask yourself these two Questions...
Which issues are keeping you awake at night? and
Which of your current issues is only being answered by more questions?
If you have trouble working out a clear answer, we can assist you to prioritise the importance of the issues you are facing right now.
We also work with Solvency, Restructuring & Liquidation Solutions to consistently deliver the best outcomes in those difficult times when solvency and ongoing viability may be an issue.
At BIR Solutions, we are here to help you achieve the most out of your business by providing support, structure and clarity so that the decisions you make for the future of your company have a positive impact. For an informal, no obligation, free chat about your business; call Michael Royal on 1300 783 309 or email Michael at birsolutions@bir.net.au.
Better strategy, people & finance driving better business |
