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In today’s uncertain economic landscape, preparing your business for tough times is essential for resilience and growth. Discover key strategies and insights to fortify your business against challenges, ensuring it not only survives but thrives in the face of adversity.
The increasingly complex factors of competition in today’s economy have dramatic effects on the way organizations are structured and developed. Organizations that do not plan lose their ability to cope with change and that factor alone is often the determining factor in their continued success. Banks & Associates can analyze the development needs of your company and help you meet the challenges of today’s dynamic marketplace.
Most small business owners think strategic planning is for “big business” and are very good at carrying the plan in their heads. The fact is employees aren’t mind readers and a documented plan is basic for growth and essential for successful execution.
Whether your company is a startup or a mature competitor dominating your market, the identification of key competitors, marketplace characteristics, key result areas, performance standards, cash flow forecasts, and capital needs is an absolute must in today’s business environment.
Services include:
Small businesses drive the heart of the US economy. Ninety-five percent of all U.S. businesses are family-owned and operated, but 70% of all family businesses fail to make the transition from first to second generation.
We assist with:
Formally assessing your brand and company messaging gives you a broader overview of your company’s performance and positioning.
A brand audit is a detailed analysis that identifies, through research and metrics, how well your brand is performing compared stated objectives, and to then also check how successfully that performance positions you in the market.
The methodology employed can differ depending on industries and individual companies, but the audit process typically involves internal analysis of brand values and attributes, voice, culture, USP, product, etc. as well as an external assessment of logo, messaging, website, advertising,
social media, sponsorships, event displays, content marketing and more.
A brand audit will help you:
Understand your place in the market compared to the competition
Many medical professionals and auxiliary service providers do not have the time (or desire) to implement operational processes and procedures. B&A understands insurance complexity and the financial implications.
Whether you’re a small manufacturer providing products to another industry sector or to sell to the general public, we have the tools to assist you with inventory, purchasing, and processing efficiency. From nuts and bolts to screen printing, we’ve got you covered.
No matter what the industry, B&A has extensive experience with small business, especially those who wish to grow. We understand the difficulties a business owner faces from building a team to “doing the books”.
Our consultants have years of experience in this broad category that includes property preservation, poultry farm construction, home building and real estate based financing.
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