Considerations before starting a new business
Steve goes through important aspects when starting a business such as; Right business structure, right software, business plan, marketing plan, and the right advice
Large companies have the benefit of a board of experienced directors with different skill sets to help direct and develop the company. Small business owners don’t have access to experienced directors and should not be expected to have the expertise to improve their business all by themselves. If you are starting or running a small business, the McHenry Partners team can offer business consulting in many aspects to guide you with your business.
Managing a business can be stressful and overwhelming. You may need assistance to determine the best strategies for your business. Receiving expert advice can increase your chances of success in business. Our team can be a sounding board to offer clear, concise and effective solutions to problems that you may encounter along the way.
Your business’ future may be a direct result of your decisions today, so seeking independent advice and evolving with technology is important in staying competitive.
McHenry Partner’s motto is to improve people’s lives so that they can enjoy more financial freedom. Our business consulting services are important to help guide our client to make more profit in their business without working excessive hours and without the stress. We can help with strategies to improve the business cash flow and develop business systems so the business is not so reliant on the owner.
We can facilitate a business action plan to help focus business goals for next 12 months or increase your chances of borrowing money from your bank. We can help with marketing, website, digital marketing strategies, human resource management and financial strategies to increase your business sales and profitability. We can also coach and mentor you through the complications of starting or running a business.
If you’re looking at starting or buying a business, please seek our experience before committing. Such a significant time and dollar investment requires careful consideration of the business feasibility, the valuation and consideration to be paid, financing, whether a company or trust structure is appropriate etc before committing to the venture.
The failure rate of small businesses after 5 years of operation is very high. Getting the right advice before commencing and to be willing to seek advice along the business journey gives you every opportunity to be very successful.
Our initial free consultation will identify whether you're comfortable with our personality, style, service & value that is to be provided so you can make an informed decision to engage us.
We will provide an ethical letter to your Accounting firm advising we are managing your financial compliance obligations from here and request any information that we may need.
We will agree with you on the services you require from us over the next 12 months and agree on a fee amount and payment terms that are suitable to both parties