The Great Value of Simplicity
If you’ve ever seen an episode of Kitchen Nightmares with Gordon Ramsey, then you know that one of the first things he does when helping a failing restaurant is reduce and simplify the menu.
Why?
Because at the end of the day, you don’t need flashy plates, giant portions, and a hundred different options to please your customers. In fact, all that usually leads to complicated orders and delayed service. All you really need are simple meals, made fresh, with high quality ingredients.
There is inherent value in simplicity. Remember this when working with your clients and customers. You don’t have to bring anything complicated to the table. You don’t need fancy software and 3D graphics. All you need are the facts, the knowledge, and the confidence.
Do You have the cash to fuel your growth? How many consecutive months have you met/exceeded your sales/profit forecasts? Does everyone on your leadership team understand the forces and levers in their control to increase profit and cash?
The Profit Attribute is about oxygen: having sufficient, perhaps abundant, cash to have options and make wise decisions. There are 4 elements to the cash conversion cycle : Sales, Make/Production & Inventory, Delivery, and Billing & Payment. What we want to do is start thinking about ways to accelerate cash in all of these 4 areas. Check out this short video that will help overcome these common growth barriers: https://www.loom.com/share/d41a0fb254e344229ca48c4b97688802
How Fast Can Your Company Afford to Grow? What are some ways to improve your cash flow? How would eliminating mistakes, shortening cycletimes and/or improving your business model positively effect your business bottom-line? Would you like help solving that?
Let’s set up a call to talk about what success looks like for you, and what’s in your way of achieving your most important, desirable outcomes. Let’s walk thru how having a framework that guarantees success, building a growth roadmap that engages your leadership team, and utilizing proven growth tools can help you systemically scale up your business. Click here to setup an exploratory session today and let’s see if we are right for each other: https://calendly.com/patrickfrazier/freecoaching
Pat “Coach” Frazier
PS Ask me about my Risk-Free, Results or else Money Back, No Questions Asked, Guarantee!