BUSINESS DEVELOPMENT STRATEGIES
Business development is the process used to identify, nurture, and acquire new clients and business opportunities to drive organizational growth and increase profits. 7X can help you with the the creation of long-term value for a business from customers, markets, and relationships.
• Market penetration
• Market development
• Product development
7X helps professionals build upon skills that are effective and where they need developing.
We provide an established structure and strategies to drive your business toward higher profitability and growth. Whether you need to solve a pressing problem, think strategically about your business, design a smart marketing plan, or simply need a sounding board, we are here to help you meet these objectives.
• Communication Skills
• Coaching and Mentoring Skills
• Relationship Building/Relationship Management
• Team Leadership
• Project Management or Program Management
• Presentation Skills/Train the Trainer
• Goal Setting
• Conflict Management
ENTREPRENEURIAL OPERATING SYSTEM (EOS) IMPLEMENTATION
Implementing EOS in your organization will help you and your leadership team to produce powerful business results by integrating a complete set of simple tools and proven processes that provide structure and accountability to everyone on your team, and will help you grow your business.
BUSINESS VALUATION: MERGERS/ACQUISITIONS
Our coaches have extensive experience in mergers and acquisitions and can help guide your company through the process. We will help your team negotiate the best price and mitigate risks or implement an integration plan.
BUSINESS PROFITABILITY ANALYSIS
As a company owner, your business cannot thrive if you are not mindful about its profitability. Success is dependent on understanding the company’s bottom line and return on investment.
BUSINESS TRANSITION PLANNING
Having a formal business transition plan in place ensures that the goals, priorities, and strategies are in place for an effective changeover. Without a clearly defined plan, you may be leaving your personal and financial future to chance, but with proper planning, the likelihood of a successful transition is greatly increased. Developing a transition plan is a complex process that requires an experienced team who will assist you in defining goals, creating a transition plan, and a post-transition strategy.
7x Consulting will help you answer the questions:
• How do I know when the time is right?
• Who are the experts I should have on my transition team?
• What information do I need to prepare for my transition?
You might be thinking, “I know my business better than anyone, why do I need a transition team”? Simply put, the transition process is different from all aspects of running your business and you need advisors who are experienced and capable to help guide you and your team through this next phase of your business. Having the right team in place allows you to be free of distractions and continue to focus on running your business.
Together, we’ll design your:
• Pre-transition phase – Clearly identify your goals
• Transition phase – Develop a tailored transition plan
• Post-transition phase – Monitor the process and move beyond the transition
BUSINESS EXIT STRATEGY PLANNING
Just as you have a business plan to lead your business through life, you should have one that guides it to a conclusion. What will become of your business once you are no longer involved, and how do you ensure you achieve the best results as you depart? 7x Consulting can help you determine how to best move on or transition from your business.
Working hand in hand with the Business Profitability Analysis, the right exit strategy plan will help you realize substantial gains or minimize losses if the company is not turning a profit. Regardless of the reason you have chosen to exit the business, the best plan is one that is outlined in advance.
There are many factors that go into making the decision of which direction to pursue. We’ll explore the following in your business exit strategy planning:
• How long do you want to stay involved in the business?
• What are your financial goals?
• How do you plan for an exit?
• What type of exit strategy makes sense? A few examples:
- Sell to a partner/investor