G0: Growing a Business

Many business owners what to grow their business but it’s often not a straight forward job. Many small business owners are good in their professional arena but lack experience with the management theory and practice behind successfully growing a business. The Mission of 12Faces is your Sustainable Business Success. We have developed a process for making your business growth as straightforward as possible by reducing your learning curve and just letting you get on with business growth.

05MayMay 5, 2023

Small Business Strategy Consultant and Coach

24/7 Strategy Solution for Small Business In a big business, the Chief Financial Officer (CFO) has the vital role of strategy coach and tracking what's going on and using that information to recommend future strategy. Most likely, you are too small to afford a CFO on staff at the moment! So you are...

By Scott WilliamsBusiness Coach, Business Planning, D9.1 Business Plans, G1: Business Growth PreparationBusiness Planning, Products0 Comments

03MayMay 3, 2023

Failing Business Turnaround (NID49)

One in five businesses, both large and small are failing at any point in time. And this is a very sad situation, considering all the lost dreams, lost time and lost money. Not all of those businesses can be saved, but it's worth a try! We've assembled 26 steps into a 90 day...

By Scott WilliamsC4: Turnaround90, G2: Stabilize Failing BusinessBusiness Turnaround: Is Your Business Failing?0 Comments

27AprApril 27, 2023

How to Grow a Business

If you are a small business Founder, you have a lot on your plate already. Here, we outline several proven steps on how to grow a business. These will make your job easier. Planning to Grow Not all businesses want the pressures of growth. Not all businesses can grow easily. The principal...

By Scott WilliamsG0: Growing a Business, Top MenuComments Off

26AprApril 26, 2023

Growing a Local Service Business depends on Headcount (NID48)

When it comes to growing your local business, it's not just a matter of one size fits all for many types of business. For these types of businesses, the main constraints and pressure points change with the staff Headcounts. A good example are local service businesses that sell services to...

By Scott WilliamsG1: Business Growth PreparationBusiness Growth Planning, Fast Business Growth Blog0 Comments

10AprApril 10, 2023

Cost of Over and Under Stocking

In a manufacturing or retail environment, having too much inventory of products your customers don't want and/or too little inventory on hand of what products your customers do want will cost you money and, consequently, profit. Many service businesses also have inventory even if it is items like stationary incidental...

By Scott WilliamsD2.1 Inventory Management Efficiency, G3: Optimizing a Business for GrowthCost Cutting, Inventory, Inventory Management and Work in Progress, Inventory Management Tools, Optimizing, Yellow Belt1 Comment

10AprApril 10, 2023

How to Track progress with Fever Charts

Very often we would benefit from some visual method of alerting us to the fact that some process is becoming critical and needs our attention. One such visual aid is a “fever chart”.

By Scott WilliamsD11 Business Workflow, G5: Tracking Business GrowthEfficiencies, Inventory Performance Monitoring, Metrics0 Comments

20DecDecember 20, 2022

Gross Profit Margin Analysis Boosts Profit Explained

Gross Margin Analysis opens the door to understanding the complex interactions between Revenue, COGS (Cost of Goods Sold or Operating Expenses) and Gross Profit. It can be hard to understand why (e.g.) Revenue is going up but Gross Profit is going down! Gross Margin also lets you measure the operating...

By Scott WilliamsD6 Manage Business Finances, G5: Tracking Business GrowthCashflow, Explained, Financial Ratio Analysis, Gross Profit Margin Ratio, Metrics, Optimizing, Problem Solving, Understanding Financial Statements: Management Accounting, Yellow Belt0 Comments

02DecDecember 2, 2022

How to do a Tuneup and Improve Website Speed

Increasingly, your website is becoming an essential marketing tool and can often be a major sales tool as well. Learn how to tuneup your website. When you designed your website, it probably represented the "state of the art" in your mind. Over time, you will have fresh insights into what...

By Scott WilliamsD1.2 Marketing and Profits, G3: Optimizing a Business for GrowthInternet, Optimizing, Website Lead Generation: Design and Monitor, Yellow Belt0 Comments

27NovNovember 27, 2022

SM5.0 Theory of Constraint (TOC) Find Remove Bottleneck

The Theory of Constraints (TOC) is an important optimising technique that focuses on improving the throughput of work at the (usually) single bottleneck or constraint in the workflow. This Skills Module draws together a number of the 12Faces articles on the subject. One research project demonstrated that 89% of improvement...

By Scott WilliamsBusiness Skills Modules, D11 Business Workflow, G3: Optimizing a Business for Growth, SM5: Theory of Constraints (TOC)cornerstone, Inventory Performance Monitoring, Issue Management Planning, Optimizing, Planning, Products, Project Management System, Repetitive Work Efficiency, Sales and Marketing System: Funnels, TOC, Yellow Belt0 Comments

02NovNovember 2, 2022

Business Growth

Growing Your Business But Not Sure Where to Start? Business growth necessitates an organised and systematic approach to planning and execution. During the time your business has been operating, work flows will have grown up and inherited various inefficiencies. Planning and Execution of Business Growth The links below will take you through the...

By Scott WilliamsG1: Business Growth PreparationComments Off

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