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For businesses experiencing inadequate profit, such as a market based Total Return to Owners rate of less than 15% (or more for riskier businesses), this programme will help you:
Find out more below, and then arrange a free meeting to discuss if this is right for you and how we get started (Risk-Free for new Munro’s clients).
An alternative (but less recommended) place to start is a Lost Profit Workshop.
video key points
Presented by: Drew Pflaum
video transcript
Discovering the pathway to increased profits can be a challenging journey for businesses, particularly when existing revenue does not translate into expected returns.
At Munro’s, we believe businesses should be achieving at least a market-based total return to owners rate of 15%, and even more for riskier ventures. If you aren’t achieving this, or don’t even know what it means, then this Profit Improvement Programme may be ideal for you.
Designed with varying business needs in mind, the Profit Improvement Programme is available in two distinct forms. We particularly recommend the “Financial Clarity” version for its in-depth insights into how you are performing against others and the financial projections of your improvement strategies.
Guidance is a cornerstone of our programme, where we focus on what requires your attention, the sequence of actions, and the methodology to be employed.
By the conclusion of this programme, not only will you witness tangible improvement actions but also a significant enhancement in your in-house capabilities. This empowerment enables your business to continually identify and capitalise on further improvement opportunities independently.
Moreover, the programme equips you with the knowledge of next steps to perpetuate this cycle of improvement.
Offering flexibility, we provide the option to participate in cohorts with other businesses or to opt for a private experience.
Cohorts are run on an irregular unplanned schedule dependent on our availability and demand. Therefore, if you need help as soon as possible the best choice is to opt for the private experience.
We recommend bringing along your core team, since businesses are improved by teams of people.
For first time business clients of Munro’s who we choose to work together with, we provide a guaranteed Risk-Free Trial.
This allows you to experience our value-adding services for up to 90 days with no-risk. If our approach does not meet your expectations at any point during this period, a refund is at your disposal.
We offer this because we know it can be difficult to take the first step and we want to make it as easy as possible for you. We’re supremely confident you won’t need to use it, but include it anyway as our first way of helping you beat the status quo.
We invite you to schedule a complimentary Get To Know Each Other meeting. This initial step is crucial for assessing the compatibility of the programme with your business goals, paving the way for a successful and profitable collaboration.
This Profit Improvement Programme helps you discover:
Plus, it very importantly goes one step further, to help you:
Actually get started on improving your profit.
Unfortunately, many business owners and leaders haven’t been trained on how to implement a profit improvement plan.
This leads to many businesses either having no plan or having a plan that is seldom put into action.
The result:
Our three-month mixed in-person and online programme has been designed to overcome the aforementioned scenario. To enable business owners, with their managers and rising stars, to understand the leadership, operational and financial implications of profit improvement. And, most importantly, actually get plans put into action.
To be part of the programme, you should be an established business with:
* Less may be acceptable if you are growing quickly (contact us directly so we may assess what is best for you).
The programme is structured to identify opportunities for enhancing your business’s profitability.
You will not only identify changes that need to be made in order to improve profit, you will importantly work on those changes. It’s much more than a workshop.
During the in-person sessions you will discover what it is your business needs to do to achieve your objectives. You will develop a profit improvement plan with built-in tasks, accountabilities and authorities.
You will put these into action between sessions throughout the programme. Importantly, you receive support between sessions too.
You receive a Business Improvement Manual with materials relevant to the programme that will help you make the required changes between sessions, and after the programme ends.
Further, between sessions you have access to online materials to combat forgetfulness and instead help embed new capabilities
By the end of the programme you will have taken real action to improve profit. Subject to the type of programme you select, this will be quantified in financial projections (refer to the “Financial Clarity” version of the programme).
Additionally, you will know what to do next to continue improvement.
Not only do business owners and leaders need to learn how to lead a team to success, the team also needs to learn how to be led to success.
The programme supports team involvement with flexibility to accommodate varying team sizes.
The programme is a mix of in-person and online.
It is available in every capital city in Australia, as well as major regional cities around Australia.
A disbursement for travel costs will be added to the price for programmes run outside of Perth.
We offer flexibility by making the programme available:
Privately run programmes are available year-round and planned around what is best for you.
Cohort run programmes are available on an irregular unplanned schedule subject to our availability and demand.
If a cohort programme isn’t listed, then it is unlikely we will be running one for at least two months.
The programme is run over approximately 90 days.
Each participating individual will need to dedicate an average of approximately 4 hours per week to the programme.
Private |
Cohort |
|||
Number of People in Your Team |
Excludes Financial Clarity |
Incl. Financial Clarity (Recommended) |
Excludes Financial Clarity |
Includes Financial Clarity |
2 |
10,915 |
16,915 |
6,295 |
12,295 |
3 |
11,835 | 17,835 | 7,215 |
13,215 |
4 |
12,755 | 18,755 | 8,135 |
14,135 |
5 |
13,675 | 19,675 | 9,055 | 15,055 |
6 |
14,595 |
20,595 |
9,975 |
15,975 |
7 |
15,515 | 21,515 |
10,895 |
16,895 |
All prices are excluding GST.
A disbursement for travel costs will be added to the price for programmes run outside of Perth.
75% is payable upon booking. The remainder is payable at the conclusion of the programme.
For first time business clients of Munro’s, if we chose to work with one another, we’ll guarantee you a Risk-Free Trial. This programme can form part of that trial.
This is a 90-day trial offering a refund if not satisfied, providing a no-risk opportunity to experience our services before committing to a longer-term plan.
We offer this because we know it can be difficult to take the first step and we want to make it as easy as possible for you.
It’s our first way of helping you, beat the status quo!
Meet with us first over a free Get To Know Each Other meeting.
Do You Thrive To Learn More About How To Achieve Greater Business Success?
Sign up to our magazine designed specifically for Australian business leaders.