Many SME businesses experience rapid growth speed wobbles. Some just need a helping hand to reach the next level. Others stagnate because they can’t visualise new opportunities. We’ve seen it all, and we know how to help SME businesses thrive.
A common challenge for SMEs is that despite having a passionate and dedicated team, they’re often very close, sometimes even family members. They don’t always know when to step away from running the business and invest time and resources into strategic planning and decision making. Larger corporations have formal board structures with independent non-executive directors who don’t have the same bias and emotion involved in the decision making process.
This is where BlueRock’s Monthly Meetings come in. Led by our talented accounting team, each month we review your business performance and provide you with tailored advice designed to get you where you want to be. For a fixed fee that delivers incredible value, your business benefits from regular touch points and the support of dedicated business advisors.
In every business, regardless of size, there are key deliverables that matter most. With monthly meetings, our expert advisors will deliver actionable insights into the 4 key areas of your business, holding you to account as you work towards goals, and helping you identify opportunities and navigate challenges. It can make a world of difference to your short and long term success.
The 4 Key Pillars to Business Success
It’s common for accountants to talk to their client about the numbers and have some level of financial reporting available, but it’s less common to have a regular meeting program with set agendas that explore key pillars of the business outside of financial reporting. We understand that financial success is only one aspect of a business, and is almost always the result of successful management of other key strategic pillars.
This is why we run a holistic meeting framework that ties into the strategic pillars of your business. These pillars are determined through a strategic planning process and ensure that your time with an advisor is maximised and sets you up to achieve the strategic goals of your business. Our meeting agendas, and the work that precedes and follows them, focuses around four key pillars, which are usually some variation of the following: financial, sales & marketing, people & culture and operations.
Financial Reporting
We dig into the numbers and produce intuitive reports so that you can understand how your business is performing. We’ll find any problem areas before they get out of hand and identify opportunities to accelerate growth. Our skilled accountants will also prepare financial forecasts that align with your strategic business goals and help guide sound business decision making. Our reporting goes well beyond just looking at actuals vs. budget figures at month end. We look at key performance indicators including dashboard reporting where relevant.
Brand, Sales & Marketing
Sales are obviously the number one driver of growth. Our advisors explore every avenue for a business to fast track revenue growth. We’ll review your sales model, interrogate your pricing strategy, and identify the high-value market segments to target. The BlueRock multi-disciplinary approach also allows us to introduce our in-house marketing team, BlueRock Digital , where relevant. Alongside your business’s leaders, we’ll explore deploying resources into this area of the business to invest in its growth.
People & Culture
Any business is only as good as its people. We can advise on any gaps that can be filled by smart people to support business growth. We’ve got plenty of in-house expertise in HR and employment law , allowing us to advise on employment issues such as contracts, award classification and payroll processes, specific to your industry. We can also advise on attracting and retaining talent through programs such as employee option plans , review processes, remuneration strategies and benefit programs. As regular placegetters in the Australia’s Best Workplaces™ list by Great Place to Work® awards and a registered B Corp, we understand what’s required to create an amazing culture within an organisation.
Operations
We keep things running smoothly with tailored advice to innovate and improve operational processes. It might be through a targeted workshop to figure out the best tech stack for your business, investing in training tools for your people, analysing your supply chain, reviewing your organisational chart, succession planning , lease negotiations or locating the next site for your expanding business.
Introducing Monthly Meetings
If you’re a business owner and you need support in one or more of these key areas, BlueRock’s Monthly Meetings could be right for you. Whether you’re growing rapidly or stagnating and need a fresh approach, our talented accounting team will provide you with tailored advice designed to get you where you want to be. For a fixed fee that delivers incredible value, your business benefits from regular touch points, a sounding board for your ideas and the support of dedicated business advisors.
Without necessarily setting up a formal board structure, which can be cost prohibitive for small businesses, we aim to give the same look and feel with strategic and forward-looking advice that’s designed to drive your business forward and ensure that the group is set up for success, whether that means growth, profitability or both.
BlueRock advisors ensure that there are relevant agendas for every meeting, minutes taken within an external board software package, and action items noted with a person responsible and a due date to drive accountability in the organisation’s leadership team.
Are BlueRock Monthly Meetings Right For Your Business?
Small business is hard. We get it because we’ve been there before and live it every day. You’re time poor, wearing many hats and spending your days in the weeds. It can be hard to see the big picture. That’s where BlueRock can add value. With a regular monthly meeting, our advisors spot the opportunities and alert you to the problems, so you can take action. Big businesses have board meetings, but think of BlueRock as your very own brains trust with your business’s best interests at heart.
Ready To Take Your Business To The Next Level?
To learn more about BlueRock Monthly Meetings, get in touch with Mitch Hancock, Director of Accounting , for a free consultation or fill out the form below and we'll get back to you. BlueRock’s accounting team is ready and willing to learn more about your business and explore how they can help you reach a new level.
