Business Strategy

 

Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world. -- Joel A. Barker

 

Where will my business be in 3 – 5 years?

KDDK Legacy Group LLC is here to help you answer this question. Our team of professionals includes an attorney, an accountant and marketing professionals with a broad range of experiences working with small/mid-sized organizations that operate in the for and not-for-profit arenas.

We will work with you and your team in a structured, three-step process that begins with identifying specific goals, objectives and measurements to position your firm for future growth. For example, an organization may identify that it wants to increase sales by 30%. Another goal might be to reduce costs by 5% which could ultimately increase net profits before income taxes by a corresponding 5%. Determining goals and identifying the measures of success lay the foundation for developing a solid strategy to take a business from one point to another.

Next we will review products and services to determine what mix will be required to reach the specified goals. This involves looking at existing and potentially new products to determine if there is current capacity and resources to support planned growth. This would involve understanding and documenting the costs associated with producing and delivering products or services i.e. the use of equipment, supplies, staffing and space.
Lastly we will review the organization’s marketing and sales strategy to ensure that they support the vision and goals that are established. We will strive to provide answers to the following questions. What firms should be on the target customer list and is it diverse enough to protect the firm from industry or market risks? What is the best way to market products or services? Can sales be done on the internet; is a sales staff required; what type of marketing materials are needed?

KDDK Legacy Group LLC will work with your team to analyze and document the process as well as identify the resources necessary to reach the goals that have been identified. Lastly we will work with you to create an implementation strategy that includes a timeline and champion for key steps in the process. For your convenience sessions can be scheduled in one-hour increments weekly or monthly via face-to-face, telephone or internet.