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Do any of these scenarios describe you or your business?
1.
Your business environment is changing, but you are having difficulty
keeping up.
2. You know where you want to take your business, but you are not
sure how to get there.
3. You are spending the majority of your time putting out fires
and dealing with matters that other people should be able to deal
with. There is no time left to take advantage of the skills you
have that would bring the biggest benefit to your business.
4. Your business has stalled. You can't seem to grow your business
further.
5. Revenue is growing and you are working harder, but profit isn't
growing.
6. Your employees are not committed to the goals of the business.
You have high employee turnover, poor morale in the workplace, you
spend time redoing their work, and customer service isn't what it
should be.
7. Your customers/suppliers are demanding more - better quality,
faster, better pricing, and you are struggling to know how to keep
your business headed in the right direction and stay profitable.
8. Poor cash flow is restricting the business's ability to pay bills,
grow and invest in its future.
9. You should be thinking about how to exit your business, but you
are not sure how to go about it.
Hobb
& Company is able to bring a wide variety of expertise and experience
to help its clients solve the business problems they face.
Profit Improvement Services
We
help our clients improve their profitability by helping them identify
strategies that take advantage of their strengths and opportunities.
Our services include helping our clients to focus on the products
or service offerings that contribute the most profit. We can then
align the internal systems and processes to improve efficiencies
and support those activities that create the most profit.
Human Resource Management Services
A common
complaint we hear from business owners is that their employees are
not committed to the goals of the company. There can be several
reasons for this. We work with both the business owner and the employees
of the company to find out where the problems exist and why they
exist. The solutions we recommend work because all affected parties
are involved in the process, achieving buy in from everyone. We
can also assist our clients in the hiring process, developing job
descriptions, dealing with problem employees and other related services.
Business Coaching Services
Our
business coaching services help our clients stay on track. These
services include helping our clients develop a valid plan with action
items and specific goals. We then meet with our clients on a regular
basis to monitor and measure performance against goals and analyze
and interpret results. These services also include benchmarking
against industry averages and the company's past history so the
company can evaluate its position against its competitors and past
results.
Business Diagnostic Services
You
went into business with hopes, dreams and an idea. The opportunities
seemed endless. But all too often, that original vision can be obscured
by the daily challenges of business life.
It's
easy to lose sight of the opportunities that are passing you by.
Our
Diagnostic Services can help your business realize its potential
with a personalized strategic and operational review that includes:
- A
Business Diagnostic Analysis - To review your strategic
position in the marketplace.
- Strategic
and Operational Plans - To identify what needs to be accomplished
to reach your goals.
Succession Planning Services
Are
you overwhelmed by the issues surrounding the exit from your business,
or too busy to plan for your exit, or receiving conflicting advice
from your various advisors on the subject so you don't know where
to turn? These are some of the more common reasons given by business
owners for not doing an exit plan. If you are like most business
owners your business is one of your major assets, and likely the
largest asset in financial terms. Accordingly, the sale or transfer
of your business will be a significant event in your life and like
all significant events it requires planning. Whether you want to
or not, you will be exiting from your business at some future date.
To dramatically increase the chances of achieving your retirement
objectives you should have a plan. It will clarify where you are
today, estimate how much money you will need to retire, set out
what you need to do to reach your financial retirement goals, establish
what needs to be done in the business so its value can be maximized
when you retire and identify potential successors for your business.
Once a plan is in place we are also able to offer services to help
you implement your plan. These services include managing the implementation
process, making your business ready for sale so its value is maximized
on the transition date, upgrading the skills of potential successors
to ensure a smooth transition and assisting with the actual transaction.
Financing Services
Having
difficulty obtaining the financing you require to properly run your
business? We know what lenders are looking for when they receive
a request for financing. This knowledge will ensure that you are
fully prepared before making your request so that the chances of
success are dramatically increased. We can also help you manage
your relationship with your lenders so that they will be more likely
to work with you rather than call your loan when you hit a bump
in the road.
Valuation Services
Our
network of experienced valuators can provide you with accurate valuations
of your business which will assist you in matrimonial disputes,
shareholder disputes, selling your business or estate planning.
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