Build your financial security with OBT Financial Group – Lockyer Valley’s Business of the Year 2015 and specialist financial advisers to individuals, business owners and farming families on accounting, tax, business advice and wealth planning for over 30 years.
Understanding the factors which drive increased revenue / profit / value allows management to focus their time on activities which correlate with success (or even perfection!) Here are some factors we consider really important irrespective of your industry, size or goals.
Find new customers and grow your business
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. This article covers how you can increase your customer base by finding new customers in the current market.
How to increase your existing customer base
Growing your business means more cash for you now plus a higher sale price in the future when you decide to eventually sell your business. This article covers how you can increase your customer base by focusing on your existing customers.
Pricing strategy that drives profit
Read how OBT’s Business Solutions team can help ensure your pricing strategy will support your business, irrespective of whether you are prioritising new customer acquisition, revenue growth, profit growth, entering new markets or market share growth.
Customer analysis
While customers are important, not all are alike. Classify yours to help you understand which groups represent the most value to your business and will help you identify your most profitable segments with target services and communications.
Understanding the RIGHT things to do in a business
Understanding the RIGHT things to do in a business is of critical importance. Business solutions from our team can help prioritise where you should allocate your time for the biggest impact.
Tracking sales and revenue
Learn how to track sales opportunities so you can predict new revenue that may come into your business.
What’s important to your team
Managing people is one of the toughest parts of running a business. Team development issues can have a real impact on your business reputation, customer retention and profit. Here’s how you put a system in place to listen to your team and use their feedback to make real changes to your business.
3 Customer loyalty tips
Understanding what your customers really think about your business could be the difference between them staying or leaving for a competitor. Find out how to get feedback and create loyal customers.
Analysing your accounting data
Decisions made based on data will give your business a distinct competitive advantage. This article focuses on the ideas that really matter and illustrates the importance of accessing and analysing the kind of business data through practical and accessible examples.
