business health check business infoload 2016
TRANSCRIPT
BUSINESS HEALTH CHECKS
Pat Pattinson
WHY IS YOUR HEALTH MORE IMPORTANT THAN THAT OF YOUR
BUSINESS
WHY A BUSINESS HEALTH CHECKMajority fail within their first 2 years
Most close while owing large sums of money
Most closures SHOULD have been prevented
You can not solve a problem if you don’t know it exist.
A Problem can not be solved at the same level it was created
HOW CAN ONE MEASURE THE HEALTH OF SOMETHING THAT IS
NOT REALLY ALIVE?
TO A TRUE ENTREPRENEUR
• Your baby • Your mistress
THE BUSINESS HEALTH CHECK
Quantitative and Qualitative AssessmentIndicate Areas of Improvement Best direction to follow Improve your businessMeasurable Outcomes
HOW
Computer based Question setsK.D.M. Question setsFactual Comparisons to documentation Industry Benchmarking Interviews and surveys
BY WAY OF EXAMPLE
VITAMIN C DEFICHIANCY OF
BUSINESSES
BY WAY OF EXAMPLE
• Cash Flow• Customers• Credit• Consistency• Credibility• Confidence
OBJECTIVES:
• Find (Health Check)• Fix (Project Manage)• Grow (Business Coaching)
KEYS TO SUCCESS
BUSINESS HEALTH CHECKSPat Pattinson
INFOLOAD 2016