Business Advisory & Mentoring

Business Planning sets the future direction for your business. During our four-hour Business Planning session, we’ll help you set solid and realistic goals for your business and determine the actions you need to take to achieve these. You’ll set your revenue targets for the year including the first quarter, create Key Performance Indicators, and identify the opportunities and vulnerabilities in your business. 

Don’t wait for the bank to ask you for a Cashflow Forecast. It’s essential that you understand the expected cash inflows and outflows in your business. A Cashflow Forecast allows you to monitor and maintain your cashflow on a monthly basis. It gives you control over the cashflow in your business, and helps you identify how much you need to set aside for tax. A Cashflow Forecast is critical to the survival and growth of any business.

Succession planning allows you to transition your business to new ownership in a managed and systematic way; reducing stress while achieving a greater outcome. It’s not just about extracting maximum value from your business.

If you were hit by a bus tomorrow, how seamless and pain free would the immediate transition be – both for your business and for those who rely on it? We will work with you to develop your Succession Plan by identifying your succession options, clarifying your objectives – considering business, personal and family expectations – and defining the steps you’ll take to achieve them.

Every business should have a Marketing Plan.  It’s essential to understand your marketing KPIs to measure the effectiveness of your marketing strategies and ensure continuous improvement. 

We want to help you create a 12 month activity based Marketing Plan with clear goals and actions to generate more leads and improve customer retention.

We’ll help you clarify your purpose, positioning, and unique selling point to target the right audience.  Our goal is to provide clear direction and ensure you spend your marketing budget on the strategies that will give you the best outcomes. 

Many owners of small to medium sized businesses find the prospect of selling their enterprise somewhat daunting.

At HFB we understand this challenge. We will work with you to ensure your business is ‘Sale Ready’, ensuring you get the best possible outcome/return on your investment.

A strategic plan will define the exact manner in which your business will focus and deploy incremental capital / resources to achieve a certain outcome – which is a “stepping stone” in your overall business plan that defines your medium term goal and vision.

It is important that you and your business do not overpay tax. We prepare comprehensive tax planning reports for you – to help you understand how your business is performing YTD and the expected tax outcomes, and help you plan for the year ahead.

We’ll help you to understand your business better, enabling you to better manage your cash flow. Good management decisions rely on a sound understanding of the financial implications for your business. This service involves meeting with us every two months to discuss your financial results. Teaching you to produce and interpret your own customized financial reports on a monthly basis. This service is registered through RBP (Regional Business Partner Network) and funding is available for eligible businesses. 

Core Values are the essence of a company’s identity; they support the vision and shape the culture of an organisation.  We’ve developed an effective service that allows you to create Core Values for your business – providing a great foundation and guide for the way your team interacts with clients and each other.

Attendees will complete pre-work to get thinking about their values and vision for the business so that everyone is prepared to gain maximum benefit from the 4 hour facilitated session.  We’ll then guide you through our structured process to create up to five Core Values with definitions which will underpin the expectations of behaviour within your organisation.

Core Values will make leading and managing a team and client expectations a lot easier.  When your team live and breathe your Core Values you’re more likely to achieve your business goals.  As Peter Drucker once said – ‘Culture eats strategy for breakfast.’

Financial analysis is an assessment of the viability, stability and profitability of a business. The results are most frequently used to make significant decisions regarding the business.

If you’re thinking of buying or selling a business there are myriad elements that need to be considered.  None, however, is more important than the price you pay / receive for the business.

The robustness of family trusts is coming under considerable scrutiny as a result of the recent Law Commission review, resulting in a massive wake up call for Trustees. Our Trust Review Service examines your trust set-up, identifies any administration gaps, ensures your Trust is compliant with legislation and that trustees are meeting their obligations.

We’ve developed a number of resources and templates to help you understand this complicated topic and to help you develop an effective memorandum of wishes. Most importantly this service provides a framework to ensure your Trust is meeting its objectives.