6

BNB client operating since 2011.

B2B
Operating since 2011
Coaching Period
October 2023 to September 2024
Package
Success Accelerator package.
Revenue
+28%
Net Profit
2.4 x
Gross Profit%
Cash in bank
1.6 x
Productivity Gain
+9%
Cash Flow Growth

Business overview

Our client is a well-established business providing B2B services for local businesses and institutions.

Challenges

While the business had been around for many years and had good systems in place, the client wanted more transparency and understanding around their financial results. They had plans to grow even further and had reached a size where they felt the need to do it more strategically.

Objectives

Grow the business strategically and design a contingency plan in case things did not go as planned. Look for opportunities to increase profitability while putting systems in place to support further growth.

Strategic Coaching Approach

Overall Goal

Grow the revenue by +7% while increasing profitability. Design a long-term strategy and put foundations in place to achieve it. Have a contingency plan in place in case things do not go according to plan. Upskill the team to have a deeper understanding of financial results.

Key intervention 1

Ensure quality data for quality decision-making: Finetune Xero settings, implement a monthly budget, cashflow forecast and monthly performance reports to analyse data. Pressure-test the model to design the contingency plan.

Key intervention 2

Create an Operations Manager role. Upskill and equip management to gain a deeper understanding of their financial results. Set up monthly meetings to help them interpret results for improved data-based decision making.

Key intervention 3

Prepare the business for future growth by putting in place systems to create productivity gain while ensuring consistency in service delivery. Optimise recruiting and induction by leveraging technology.

Key intervention 4

Implement a new related revenue stream.

Financial Results

Year-on-Year Growth

Revenue Growth

Net Profit Growth

Gross Profit

Cash in bank

Cashflow Growth

Productivity Gain

Initial Goals

+7%

1 x

=

+2%

Results

+28%

2.4 x

1.6 x

+9%

Customer Impact

Yellow shape: Business's self-evaluation before starting the coaching program.
Teal shape: One-year goals - set during the first session.
Orange shape: Business's evaluation of their actual achievements after one year of coaching.

Conclusion

After one-year, the client has achieved an impressive +28% revenue growth and +143% net profit growth. The client feels more in control and the team has a deeper understanding of their results. The business is thriving and keeps growing at a rapid pace but in a controlled and healthy manner. Projects are underway to keep improving systems and results.

Client's Feedback

My business has never been as profitable as it's been since working with Strategico.

Disclaimer: the case study results are simply example or guide based on some clients’ actual results. Please note the level of success and the results achieved are subject to a number of wide-ranging factors which include (but are not limited to) background, market, industry, skill level, experience, involvement and effort. We make no promise or claims and we provide no assurances as to the potential results or lack thereof.  

At Strategico, we’re all about getting results

Beyond traditional accounting, we help small businesses strategise their growth, increase profitability and see results. We empower you to achieve your goals.

Here are just a few examples of results - after 12 months of strategic guidance - enjoyed by businesses we’ve helped.

1
B2B client operating since 2011
View Case Study
Revenue
+45%
Net Profit
11 x
Gross Profit%
Cash in bank
Productivity Gain
+37%
Cash Flow Growth
+129%
2
B2B client operating since 2021.
View Case Study
Revenue
+63%
Net Profit
+59%
Gross Profit%
Cash in bank
Productivity Gain
5 x
Cash Flow Growth
+11%
3
B2B client operating since 2022.
View Case Study
Revenue
+36%
Net Profit
+167%
Gross Profit%
+ 1% point
Cash in bank
Productivity Gain
+13%
Cash Flow Growth
4
Tradie operating since 2021.
View Case Study
Revenue
+55%
Net Profit
+128%
Gross Profit%
+ 13% point
Cash in bank
+66%
Productivity Gain
Cash Flow Growth
5
BNB client operating since 2019.
View Case Study
Revenue
+25%
Net Profit
+78%
Gross Profit%
Cash in bank
+78%
Productivity Gain
+11%
Cash Flow Growth
6
BNB client operating since 2011.
View Case Study
Revenue
+28%
Net Profit
2.4 x
Gross Profit%
Cash in bank
1.6 x
Productivity Gain
+9%
Cash Flow Growth

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