Business Recovery

By Tom Booth

Retail is detail and if you don't change - eventually the market overcomes you. How many times have we heard that and yet with all these plates to keep spinning, what do you do when one starts to slip? A business well run, even in good times is susceptible to the smallest change when operating on our low return on sales. Small market forces are enough to make the whole thing go off the rails.The trouble is, that once a train is off the rails it ploughs on in a straight line without any further input.

It's not that you don't know what's gone wrong or what's needed to put things right - actually, it's just that familiarity can be your worst enemy and none of your team will wish to own up to a problem until it's too late and out of control.

Couple all that with the vast array of performance indicators in retail. Which dial do you take notice of ? Which adjustment do you make first ? How do you know what are Key indicators and what are pure red herrings ?

There are only two real levers - revenue to pull upwards and cost to push down but then what's good cost and what's bad and how do we get more of our share of business? Isn't it strange how easy it is to increase cost and investment in support of more and more profit - compared to how hard it is to get it all out again ?

There is another way. A better way. A way that leaves you to address the business needs whilst knowing that your company has a plan around affordability in the cost base and a robust, well thought out marketing plan.

There could be a hundred, even two hundred fixes to your business today. We are proficient at identifying where you can focus on the biggest bang for the buck.

We specialise in turning the irrelevant many into the vital few.

For turnaround and business recovery, we can help you. Fast.

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