Business Diagnostics
Business diagnosis is a process of working backwards to identify reasons businesses are not doing as well as expected, or it could. It is a process of identifying the symptoms or causes to a problem. Whether it is an overall snapshot of the business, a close-up of its financial health, an inventory of its talent or the size of its carbon footprint, someone somewhere will have designed a business diagnostic tool to analyze it.
Business owners that feel they have reached a plateau, or are finding profits declining, may need objective insight into some of the aspects of the business to see if there are areas that may need improvement or diversification. As Business Analysts, we look at the business as a whole- what is the financial situation? How efficient are operations? Have the marketing needs kept up with the changing technology? Can the business use upgrading in systems or software?
We can provide the sober second look at different options and opportunities, assist through Consultant Advisory Services, or help find a mentor through Mentoring Plus to collaborate with the owner and find opportunities to grow.
Anyone in need of business assistance is more than welcome to contact CBDC-NOBL, we will be happy to help.
I recently attended a Sage 50, 40 hour course being facilitated by Chris Lewis of Chris Lewis Business Solutions. Located and sponsored through NOBL and CBDC New Glasgow.
I found the course and content to be very useful to me in a way that gave me the confidence to start a business plan for a small business in Bookkeeping.
Chris Lewis is very knowledgeable in the field of accounting and business and facilitated the program very well and professional. He gave more than anticipated tips and tricks of the trade which will also be very useful to me being new to the business world.
It is a great opportunity in my opinion to attend such courses being offered; especially for free. These courses can run you anywhere from $1500 to $2500 depending on the institution. I would like to attend more courses like this to keep my skills up to date and to gain more knowledge of the business world.
Corinna Reynolds