How We Do It

Stage 1: The Analysis (Only 1 -3 days)

We begin our engagement with a 1-3 day situational analysis depending on the size of the business. We recognize you have little time because it’s needed to run the business so we have created a fast but thorough and effective way to identify the issues that need addressing. We are not about waiting until the end of a long and laborious 3-6 month analysis of your company and then delivering you a “thud” factor report. Our analysis quickly leads you to the top-line recommendations, areas of improvement and our recommendation on how we can assist you “hands-on” in fixing these areas and getting your business growing.

The analysis includes the following components:

Opening conference (1 ½ to 2 hours)
Financial trend analysis and business operational review (comparing to like companies)
Employee interviews and questionnaire
Review and discussion of short and long-term goals and objectives
Ongoing discussion with owners, managers and key personnel identifying strengths and weaknesses
Review of agreed upon issues and plan to resolution
Closing conference (2 or more hours) with oral presentation of the findings, results and recommendations about how to

The outcome of the analysis delivers any number of recommendations on how to improve business operations, increase productivity, identify new growth strategies, make the business run more efficiently, improve ease of operations, increase profitability, develop productivity-based excess profit incentive plans for employees, decrease your tax burden with proven tax reduction strategies, develop a succession plan, improve business value, develop greater employee accountability, reduce the stress you feel as a business owner, and review all other business issues of interest to you.

Whether your needs are operational or financial, in this comprehensive analyses we conduct a review of financial performance in order to provide a return on investment calculation tied to implementing our recommended business improvements.

Stage 2: Executing on Agreed Areas of Improvement with You and Your Team

At this stage we have mutually agreed on the areas that need improvement and our highly skilled consultants begin working in your company alongside you and your teams in each of the specific areas. Some of the areas of improvement might include:

a finance department that is in trouble with accounts payables and receivables and is not managing by statistics
employees who are all busy but departments are not achieving goals and sales are just not happening
or communication is just not happening from department to department or department to vendor or customer etc. and is resulting in complete lack of production
lacking a growth strategy

The list is potentially long and clearly unique to your business. What makes BDI unique is that we bring in our consultants who are prepared with a range of tools that specifically address these issues and who work alongside you and your team to get the business functioning smoothly. Examples of how we might solve some of the problem areas noted above include:

working alongside your finance department team getting the department using best financial procedures and planning using statistics to manage and monitor the area
implement an organizational board that identifies who is doing what, identifying key roles, and specifically train each employee on their role, expectations, goals and end products
putting in place operational policies to ensure that communication lines happen efficiently and effectively
or helping you identify new strategies for growth and beginning the execution of those strategies

Stage 3: Yearly Check-up

The best way to ensure that an organization keeps in its new procedures, policies, and growth plans is to plan for a yearly check-up. Recognizing that change occurs throughout the year from employees to competition to business environment – a planned quick review does not take a lot of time but can be priceless in keeping your business goals on-track.