"I'm not sure what to do next."
This is a statement that we hear a lot from the business owners that reach out to us for help. Often, they do not initially recognise that they have reached a crossroads in their business, but once we dive into the reasons why they have come to us seeking advice, we find that they are at a decision point.
This crossroads can manifest in many different ways, be it making the decision to grow the business or remain the same size, or to recruit another key member of staff.
When faced with these key decisions, it helps to get an external perspective from an experienced business coach. This is where JRH comes in. We have worked with many businesses like yours who have been where you are now.
Our experience of working with many different types of businesses provides us with a huge knowledgebase to draw on when it comes to advising you on how best to move your business forward. JRH can help to shed light on what the available options are and support you in making important decisions about your future.
Take a look at some of the common problems facing our clients which we are able to coach them through:
I have been trying to grow my business for years, but something is holding me back.”
If you don’t have a clear picture of where you want to take your business, growth is very difficult to achieve. Successful businesses know where they are going and how they are going to get there! We can work with you to set a clear route map and then work with you to turn your growth plans into reality.
Should I grow my business or keep it the same size?”
Growing a business is not always the right decision. We will work with you to understand what it is going to take to grow your business from both a commercial and personal point of view. Once you know exactly what you want to achieve then good things usually happen.
Creating a profitable business
My business has grown rapidly over the past few years, but I was making more money when it was smaller.”
Many business owners tell us they are working harder now than ever before for less reward. One of the most common statements we hear is that it feels like you are working to keep your team employed. We will work with you to help you to truly understand your numbers and support and guide you to make changes that can transform the financial performance of your business.
I am spending all of my time dealing with staff issues and staffing problems; I don’t have any time to concentrate on growing my business and increasing profit."
Every growing business experiences challenges with people. We will get you to a place where you are equipped to deal with people issues as and when they arise, rather than putting them off until later, often to the detriment of your business.
If only I had more time - I could really grow this business.”
Time management is something that businesses often struggle with. We can help you to prioritise, set measurable goals, plan ahead and know when to delegate. This will free up time to work on achieving the longer-term goals for your business.
I need help with succession planning - the business is totally reliant on me and I cannot see anyone in my business who is capable of taking over at some point in the future.”
No succession plan for your business? You are not alone. According to Forbes, two-thirds of companies have no formal succession plan in place. We can support you in identifying and growing talent to fill leadership and business-critical positions in the future.
I don’t have an exit plan and I don’t know who will buy my business.”
Having an exit strategy worked out in advance offers no guarantees but it is a very good place to start. The right exit strategy is usually beneficial for all parties concerned, business owners, directors, employees and customers alike. We can help you to plan your exit strategy and work with you to make it happen.