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Value Optimisation Factors for Improved Profits and Value

Article By Adam Hurwood | | Business Consulting

What are value optimisation factors?

Value optimisation factors are issues within a business that can be planned for and addressed. Value optimisation is all about growing business value.

The key value areas for your business are growth, performance, and succession. By focusing on optimising these areas, your business value will improve.

The path to value optimisation

The following illustration demonstrates the path you can take to optimise the value of your business.

How do I address value optimisation factors in my business?

The following table provides an indication of some of the industry best practice strategies that can be implemented to address these key value factors:

By addressing all of the above value factors, you will improve profit, improve the value of your business, and maximise your position when it is time to sell.

Some of the barriers to improving the value of your business and achieving your desired business value could include:

Business being too principal reliant

Not spending enough time working on your business

Expenses out of control

Lack of client segmentation

Poor systems and processes

Unrealistic expectations about the value of your business

If any of these barriers are relevant to your business, these should be addressed sooner rather than later. Contact an Altitude Business Consultant so we can help you overcome these barriers and have you on your way to your financial freedom.