Solving your business problems
Challenges are not stop signs, they are guidelines.
You can’t solve problems with the same thinking that created them.
No clear goals or plan
In spite of more than 15 years market experience, this business owner was constantly overwhelmed by work and had no real vision of the future. Cashflow fluctuations were an ongoing problem, in spite of huge demand for the company’s services. There was massive potential for growth, but no money to make it happen.
I wouldn’t hesitate to recommend Red Hot to anyone who really wants to get a handle on their business and to see the results both financially and personally of what is possible in running a successful business.”
Plumbing and gas business
We’re not making enough profit
These over-worked business owners had been at the coalface for 20+ years but had no strategy driving the company. Employees were bickering with each other, there was no organised sales focus and no back costing, so profitability was hit and miss. The business was also behind the times with technology, so missing out on new efficiencies that competitors were enjoying.
We know we would be in the same old position if we had not engaged Red Hot. If you want to change your future and are prepared to make the time and prepared to do the work, then Red Hot could not be a better option for you. Thanks Red Hot we could not have done this without you.”
I’m too busy in the business
Following 5+ years of running his own company, this overburdened business owner was working long hours, and then doing his quoting in the evenings. He had no administrative support and his poorly-managed employees were not living up to expectations. With no financial plan or controls in place, there was no action, only reaction.
Staff are under-delivering
In spite of plentiful business growth opportunities, this company was not going forward. The owner was working long hours, because employees were under-trained and under-managed. Inefficient manual systems added to everyone’s daily workload. It was sheer fluke the company was profitable, because financial management was not happening on any level.
I’m just exhausted
Working weeks of 70+ hours still weren’t enough to get everything done. This business owner was constantly putting out fires and failing to deliver on promises to customers. He didn’t even have time to ensure the profitability of each job. More than two decades of hard slog was taking its toll.
Another advisor talking about a civil works business
I don’t understand the financials
Every symptom pointed to chronic ‘mushroom disorder’ – growing in the dark for 15+ years. The business down was not using financial information systems proactively and couldn’t use financial reports to assist decision making. Cashflow was constantly under pressure, made worse by the demands of business growth. Overdraft was a permanent condition.
It just seems too hard – I’m not sure I want to keep going!
This owner was working horrendous hours and had personal challenges that were affecting her ability to function during the day. Losing a key staff member took high staff turnover to a whole new level of pain, making a difficult situation almost unbearable. After only five years of running her own show, she was ready to throw in the towel.