• MiBizGrowth

    Growth Assessment For Business Owners
    MiBizGrowth
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  • Each category below has 8 opportunities for you to consider for your business.

    When responding to each opportunity, consider what impact it will have on your business, and also how easy you think it will be to make a change.

    The final two sections include 14 questions which highlight your current business position and opportunities to move forward.

    The questionnaire generally takes about 20 minutes to complete.

    A summary of results will be emailed following your submission of the MiBizGrowth Business Analysis.

    • Category 1 - Business Operations 
    • What if you can produce more of your product?

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    • What if you can adopt new technology?

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    • What if wastage of time or materials is reduced?

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    • What if your inventory levels are reduced?

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    • What if your delivery is outsourced?

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    • What if your production is outsourced?

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    • What if your production is automated?

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    • What if your operations are systematised?

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    • Category 2 - Finance 
    • What if you increased pricing by 10%?

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    • What if you reduced your cost of goods by 10%?

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    • What if your overhead costs were reduced by 10%?

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    • What if you reduced your days receivable by 10%?

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    • What if you increased your days payable?

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    • What if more finance was readily available?

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    • What if you reduced or restructured your debt load?

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    • What if you could reduce interest rates payable?

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    • Category Three - Sales 
    • What if you introduced new sales training?

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    • What if you replicated your successful sales processes?

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    • What if you introduced a new sales system?

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    • What if you introduced internet sales?

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    • What if your website appeared higher with online searches?

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    • What if you introduced sales goals for staff?

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    • What if you introduced a reward sytem for sales?

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    • What if you packaged more products into a sale?

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    • Category Four - Marketing 
    • What if you increased your number of business leads?

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    • What if you improved conversion of each lead to a client?

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    • What if you increased the value of each sale to a client?

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    • What if clients purchased from you more often?

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    • What if you increased the margin of every sale?

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    • What if you created or expanded a database of potential customers?

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    • What if you improved communication with your clients?

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    • What if you developed a marketing plan?

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    • Category Five - Business Development 
    • What if you developed clear business goals?

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    • What if you purchased more equipment?

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    • What if new products or services were introduced?

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    • What if you added new locations?

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    • What if you could adopt new systems?

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    • What if a business development manager was appointed?

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    • What if a new equity or business partner was brought in?

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    • What if you bought out equity partner/business partner?

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    • Category Six - Management 
    • What if you financial reports are instantly available?

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    • What if decisions are made in a more timely manner?

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    • What if management plans are developed?

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    • What if a management consultant is utilised?

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    • What if new management positions are created?

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    • What if management plans are shared with the team?

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    • What if financial reporting is shared with the team?

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    • What if decision making processes are more rigorous?

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    • Category Seven - Administration 
    • What if reporting is up to the minute?

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    • What if bookkeeping functions are outsourced?

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    • What if induction systems for new staff are improved?

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    • What if you have clear and legible accounting systems?

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    • What if you have systems for all administration functions?

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    • What if your inventory records are improved?

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    • What if your maintenance records are improved?

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    • What if your sales processes are documented?

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    • Category Eight - People 
    • What if training opportunities are improved?

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    • What if more skills are available?

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    • What if labour is outsourced?

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    • What if performance evaluation is improved or implemented?

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    • What if the team works better together?

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    • What if utilisation of staff time is improved?

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    • What if bonuses or equity share plans are introduced?

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    • What if team accountability is increased?

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    • Additional Yes/No Questions 
    • Final Questions Here 
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    • Thank you for taking the time to review the growth opportunities for your business. A report outlining these opportunities will be sent to your provided email address.

      If you have highlighted a need for assistance, contact details for licensed MiBizness Advisors will be provided to you.

      Additionally, a MiBizness Representative may also be in touch to ensure your needs are being met.

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