Are You Uncertain of the Viability of Your Business?
Many business owners are uncertain of the direction their business should be taking. Additionally, they are uncertain of the viability of their business. 12Faces has a number of resources to assist with this with minimum stress.
You Want to Grow Your Business
There are steps to take before growing your business. Do you know if your business is currently viable? Is your business stable and optimised? Do you have the Revenue to grow your business? Are you in the right business? These questions, and more, are answered below.
Selecting Next Diagnostic Step
Learn to use the 12Faces Diagnostic Process to best advantage, click More Info.
Choices to Determine The Viability and Future Direction of Your Business
What is a viable and sustainable business? It is when your business is able to fund day to day bills; business growth; your competitive wage and the life style you wish for. At this link you will find tools to estimate your business viability. In addition, you will find courses and information on how to achieve viability.
Monitoring and managing your business is key to success. If you don’t know how your business is going, then it is time to implement tools that will give you this information. Available here, the tools will give you data on the performance and financial status of your business. Some are: Revenue creation; Operations and Production; Overhead Costs; Inventory Management and more.
Consider this: if you don’t have a business plan, how will your staff be able to make decisions that will benefit the future direction and success of your business? Even more to the point, how will you make decisions? Here, you will learn to focus on what life style YOU want and where your business is at in its life cycle. That can be “Growth, Life Style or Exit”. Take the steps needed for business success and sustainability now.
Find out how to feasibility test your ideas with a systematic approach. Learn how to ensure the viability of your business idea and of its future direction. Additionally, learn about the resources are required and the different options of acquiring a business. Are you starting from scratch or purchasing a going concern? Also, learn about Product/Marketing matches.
It is crucial to understand the multiple facets of growing your business. What is the current life cycle of your business? Is your business viable? Do you have a clear picture of the future direction of your business? Is your business optimised for success? Here, at this link, you will find the answers to these questions and more.
This question is often asked when things seem not to be going too well. Are you struggling with work life balance? Take a moment to look at “Maslow’s Hierarchy of Needs“. Learn how to focus on the important issues. Maybe you are struggling with business ideas and decision making. The “Business Problem Solving and Decision Making Tools” page will give you tools to overcome this. Have your Sales stagnated and is your Revenue declining? Go to the “Revenue Increase: How to For Your Business” page to gain ideas to solve this problem.
If you have made the choice to exit your business, it is now time to make sure that you do this as profitably as possible. There are many factors to consider. Here, we outline four categories. Find out how to boost your sales to get the best price. Additionally, other issues to consider are legal, taxes, current business structure. Are you aware of “Earn Out Clauses“? Click on this link to find out more.
Find Solutions to Symptoms
Click on relevant links to drill down on solutions to the symptoms your business is exhibiting.
Your business symptoms not covered?
We add to our Symptoms Checker as new issues are uncovered. If your business symptoms are not covered here, email us and explain the symptom. We will try to address your issue and add it to the list already covered so you will be helping those who come after you.
Other Tools for Business Diagnostics and Solutions
When you know the business problem you want to solve, start here to access our Known Problem Business Diagnostic Funnel
Click this link when faced with a revenue decline but you are uncertain of what is causing it.
Use this link to start the process of resolving problems in operational aspects of your business.
You can really feel the pain and stress when you don’t have the cash to pay bills and wages. Start here to run a Business Diagnosis to find solutions
If your viability and future direction is hazy, start here to begin a systematic process to get a clearer path forward.