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Business 2 Business: Time for a business health review

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When was the last time you reviewed the health of your business?

Are you struggling to determine where to start when it comes to addressing key business issues to achieve your vision or goals?

Don’t wait for the right time to review your performance. Being prepared for any opportunity is the key.

It’s easy to get caught in the day-to-day business operations, but it’s essential to take time to work on the business.

Just like going to a regular doctor’s appointment to discuss and check any minor ailments before they lead to further complications, a regular stop and prop to do a health check on the business is just as important to treat any small issues before they potentially become big problems.

Some examples of what to work through:

  • understand what’s working and what’s not working in your business now;
  • clarify where you want to be in the future, based on your visions for the business; and
  • determine the top three key strategies on how to get there and the actions you need to take to make it happen.

This can then be mapped out in a one-page plan to hold you accountable to make the changes and achieve your goals.

Give us a call to work through with you where your business stands, health-wise.

Katrina Brennan, Principal, SRJ Walker Wayland Business Growth Advisors, Accountants and Auditors, Level 2/2 Innovation Parkway, Birtinya, 5301 9957, srjww.com.au

This column is part of our Business 2 Business (B2B) series featuring industry leaders sharing their expertise. For more great articles, SUBSCRIBE to our FREE news feed, direct to your inbox daily. All you need to do is enter your email below.

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