Growing a business is hard. Over 90% of businesses fail. For the 10%, the challenge is not just to survive but to grow.
A simple Profit Model is essentially a spreadsheet that allows you to model how your profit will look depending on the spending decisions you make.
We start by looking at your financial data - your Profit and Loss and Cashflow Forecasts which are usually held in Xero or Quickbooks. This allows us to understand your profit margins, fixed and variable costs. We can then take key assumptions on how you can grow your business and project forward how these options could look in the future.
One of the key indicatiors for the success of your business is traction - the rate at which your business is capturing montetisable value from your customer.
Most businesses have a wishlist of initiatives they want to undertake - but find it hard to priorise which ones they should focus on. Cow-Shed have expertise in the full lifecycle of a small business and can advise on the key areas to focus on.
Often businesses can benefit from additional financing to grow the business faster and create more value.
Invsestors today don't fund solutions that work, but business models that work. Cow-Shed can work with you to pitch your business model to investors or liaise with financiers to obtain funding.
Cow-Shed can provide ongoing monthly support to you and your book keeper to ensure your profit model is up to date and supports and enables your business growth.