Every business has the potential to increase profit, grow and succeed.
Work with Business Consulting NZ to Improve your Profit, Growth & Business Value.
Every business has profit leakage plus many other things that are wrong and require fixing. At BCNZ we work with business owners or managers to help them build their business to become the best it can be, a business that is very profitable and easier to run.
We have found over the last 20 years that businesses are losing between 4% and 18% profit leakage, profit that should be on your bottom line. This lost profit is lowering the value of your business and taking income out of your pocket. The average seems to be around 10% of revenue.
Let us do a free business diagnostic on your business and show you the leaking profit, and other things, that will greatly enhance your business to become the business that you always wanted it to be.
Find out how much profit is leaking out of your business
Submit your details to book in a free, no-obligation Business Diagnostic with your local Business Success Partner to find out how much extra profit you could be making.
Building The Business Success You Want
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Work-Life Balance
Business owners often unnecessarily sacrifice their personal lives to work in their business. There is a better way.
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Increase Profit
Consistent and sustainable profit is crucial for business viability and financial health. Don't let profit be an afterthought.
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Accelerate Growth
Taking a company to the next level can unlock time and money. Accelerate growth with the right plan.
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Improve Value
A high-value business is good to own, easy to grow and will unlock additional wealth when the time comes to exit.
Let’s Build A Better Business Together
You’re an expert in your field and and we’re an expert in ours, together we can build business success. Two heads are always better than one so working so working together will greatly improve your business.
The Roadmap to Success
We help you form a clear path to success by building a comprehensive personal vision and business plan together. From there we then generate forward momentum and ensure execution by supporting you over the long term and managing the implementation of the strategies and plans we develop together.
We give you a clear blueprint of how to find opportunities, build success and see results in your business.
Business Success Case Studies
We worked with an Australian bakery that expanded too fast. Although it was generating a huge turnover of $2.5mil, it made ever increasing losses that were mounting.
The original bakery in a closed down petrol station was very profitable and became an icon in the local area, however when 2 more stores were opened in shopping malls the profitability collapsed and destroyed the liquidity of all businesses threatening closure.
We conducted a profit leakage diagnostic and got to the cause of the problems and immediately started using the process in our rescue manual.
It took a few months to undo all the bad decisions that were made but after a visit to the bank and showing them the business plan they agreed to support the business for a further 6 months until the recovery occurred. The business is now trading perfectly and making huge profits.
Bakery business running out of dough
Motel with a manager problem
A motel with annualised revenue of $4million had challenges with the hiring decisions they made to alleviate the Business Owner from working in the business, instead of on the business. Our consultants stepped in and with our training and their expertise, helped get the motel management team back on board.
“I had a good steady business with a good turnover that I had been running for 26 Years. I put in a GM to manage it, so that I could take more time off, but he did an average job and ran the business poorly. I still wanted expertise to help with the business and realised that a Business Success Partner was a better opinion. This way I get an external opinion, with outside expertise and someone who can help me build the business again and assist me to get my team back on board.” – Owner
This Australian juice business was started in the 1970’s by the current owners Father.
In recent years the profitabilty has vanished and it was losing 1m per year, the bank was very concerned and threatening to withdraw financial support unless they were able to prove that the business could be returned to profitability. After conducting a profit leakage analysis, our consultant discovered where the leakage was and put in place a business plan to return the business to health. In the first year of working with the business we stopped the loss, and in the second year achieved a $1m profit.
Beverage company with turnover of 32m, losing 1m per year.
Tyre retailer becomes profitable
A six-store tyre business in South East Queensland had been losing money for years despite $10m annual turnover. A profit-leakage diagnostic revealed major inefficiencies. After building a new business plan with senior staff buy-in, key changes were made: opening a central warehouse, reducing store stock, improving productivity, importing their own branded tyres at a 35% cost saving, and using low-cost billboard advertising. Profits and cash flow lifted immediately, enabling expansion to seven stores and reaching $500k profit within 12 months.
This Fleet Operator had an annual revenue of $10.5m, but set their sights on growing further, improving cash flow in a competitive market and growing via tenders and acquisitions. Our consultant advised on these exciting and lucrative growth opportunities.
"I brought a Consultant on as I was looking for help to improve my cash flow and profits. I want to keep growing the business and need help around doing tenders and looking for acquisitions.” – Owner
Fleet operator looking to grow their fleet
Meat pie business heats up the profit
This Client made the best pies in Australia and had the awards to prove it going back a decade. Unfortunately its financial performance was dreadful with losses every year requiring the owner to continually inject equity into the business annually. The owner had nothing more to inject as he had just sold his house and had to rent a house for his Family. The profit leakage diagnostic indicated that hidden within the finances was profit leakage of 12% of revenue which was equivalent to around 600k on revenue of 5m.
This business sold pies to thousands of small stores like Cafes, Lunchbars, Dairies and a few independently own supermarkets.
Highlights from business plan:
Reduce raw material cost by conducting a total review across all suppliers, this was very successful with 4% savings achieved.
A small price increase of 3% was passed on which was accepted by the trade with no issues, remember these were award winning pies. Every year a 3% price increase was passed on to keep ahead of inflation.
An investment was made into a faster pie making machine which reduced the cost to make each pie by 20c and saved 2 staff due to automation features.
In the second year the business took over its own distribution rather than using distributors, around 10% was saved and Customer service improved greatly.
The financial result was dramatic and by the end of the first year that we were working together the business made a profit of 400k and the second year this increased to 700k.
66,576 NZ Businesses closed last year – many need expert help.
On average, 13% of all registered New Zealand companies will cease every year. Our consultants make sure their clients business aren’t another statistic.
Let’s have a quick discussion on how we can work together to achieve business success.
Want to start building a better future as a Business Owner? Our Founder, David is available to discuss a better business future for you and your Family.
You have nothing to lose from this initial chat & everything to gain.
Call David Thexton on 0275 093 385, or email david@businessconsultingnz.co.nz
