About Active Advisory
About Peter Rankin
Services
Business Planning
“Failing to Plan is Planning to Fail”
Active Advisory’s unique One Page Business Plan is fundamental to your business success.A simple document with 3 Month, 1 Year, 3 Year & 10 Year Goals all on One Page.
The One Page Business Plan allows you to focus on short time business goals while not losing sight of the “end game” because it’s all documented on one living page.
We hold you to account for your actions against your goals each Quarter.
“A plan without external accountability is more likely to fail by 80%”
Profit & Cash Flow Improvement
“Turnover is vanity, profit is sanity”
At Active Advisory we can help you shift the focus from not just growing revenue but also profitability.
A focus on gross profit job by job or sale by sale can have a significant impact on your bottom line. We will assist you unlock your cash flow. So to turn your profit into cash that can be taken out of the business or strategically reinvested in the business.
Active Advisory uses analytical software to simplify your analysis of your results real time direct form your cloud accounting software into an effective
Building Business Value
You make different decisions day to day if you are focused on value.
As accredited Value Improvement Business Advisors we can help you improve your capitalisation rate at the same time as improving profitability resulting increased Business Value.
We a methodology to assess and measure the impact of qualitative value drivers on a business value, a risk assessment processes mainly focused on quantitative value drivers – profit and cash flow.
Sale or Transition of Businesses
“Are you Growing or Going?”
Do you know what your business is worth and if you need to “grow before you go”?
Active Advisory can assist get your business sale ready or to explore the possibilities of transitioning your business to family or staff.
We advocate a clear process as there is significant value in the process compared to jumping immediately to the perceived end game.
Active Advisory is significantly experienced at working with clients from getting ready for sale or transition right through to finding a buyer and negotiating settlement of the transaction.
Scaling up
A business must navigate the undulations of the marketplace on the way to its Everest. We can assist with scaling up, keeping your eye on the prize as you navigate the landscape. Our tools focus on three deliverables:
– Reducing the time it takes to manage the business
– Focussing the senior team on market facing activities
– Realigning everyone to the same page to drive execution and results.
Business Due Diligence & Business Consulting
If you are buying a business or making strategic acquisitions or decisions within your existing business we can assist with vigorous stress testing.
Advisory Board & Accountability Services
Active Advisory can provide Advisory Board Services in the form of a regular meeting of proprietors and the key players.
External accountability can also be achieved with consistent effective meetings with just owners.
We wish to express our gratitude and appreciation for your invaluable guidance, advice and service over a ten year period whilst we operated our business, from its fledgling beginnings up until a successful sale and final settlement.
Particularly over a period spanning the last 18-months, when we were busy in the day-to-day running of the business, you were holding us accountable to maintain a routine of regular planning meetings. The One Page Strategic Business Plan was central to getting us all “on the same page.”
Your attention to detail and prompt responses to all matters meant that in fact you really drove the activity, covering all bases. You clearly have a passion for achieving outcomes and this, combined with a depth of experience, and an outlook that says nothing is ever too much trouble, will always instill confidence in your clients. For us more particularly, it is your friendship that we have never doubted.
Within a short period of time, you not only came to understand our unique offering, but helped improve our profits and value was added to the business. We are convinced that your business insights and thoroughness ensured that the prospective purchaser was necessarily impressed with our presentation and documentation. A position of strength was achieved for negotiating a very healthy final sale-price.
Upon reflection, a positive result was achieved at the right point in time and there is a true sense of satisfaction and resolution with where we are today.
Thanks again.
Philip Christian
Bellarine Memories
Peter really knew his stuff and quickly had a few ideas to get us on our feet (we were in dire straits) he took the time and initiative to get to understand us and the direction of our business. One job at a time we started measuring everything, “if you can’t measure it, it doesn’t exist!” gross profit being the main focus and making sure the correct percentages were to be made from the quoting process all the way through to the delivery and then going back through our hours, direct costs ect. and re-measuring to ensure GP (gross profit) was always met, my goodness what a difference this made! Jobs where I would cut my price to get the job, I found I didn’t make my minimum GP so essentially I did a job for nothing, not even a wage!
Holding us responsible for not meeting our GP or not meeting our monthly minimum turnover during our monthly meetings was really tough but what we needed for our own commitment and growth of our business. It was and still is great to have someone helping you to reach your goals and not just relying on pushing yourself.
Peter really is a pleasure to work with and has really helped us to focus on our business in a way that only an outsider could have done. We could still be stuck in the same rut we were only a year ago but we are well on the way to keeping a very successful business. Peter has gone above and beyond our expectations and is not just a business partner but a lot more personal. We cannot wait to see where the future takes us with Peter Rankin and Active Advisory by our side.
Jason Marsh
Director
Our Contact Details
P: 0418 331 423
E: peter@activeadvisory.com.au