The best way to explain is with an example. In January 2005 a new client   reported the following for 2004,  a deficit of 4.2 % of revenue and a salary for the owner of 5.1% of revenue. In only three years the recorded data showed a revenue compared to 2004 of a 151 %, compared to 2008 revenue, a net profit of 12.9%  and a salary for the owner of 8.3%.

How did he do this?

He employed the Abasia Point evaluation process to help him examine his operations and conduct a physical evaluation of his company and its processes.  Created by Dr. John Stolk for the Executive Counsellors Guild, the evaluation revealed a myriad of opportunities for efficiencies, identified waste, and placed control of the organization back into the hands where it belonged.

When you undergo your annual physical examination, your doctor examines all of vital parts of your body and compares it to the norm.  He then identifies areas of concern and recommends action designed to reverse negative findings and strengthen positive findings.  Similarly, each business owner should also conduct an annual physical examination of his business to determine the overall health of the organization and compare it to desired and actual outcomes. The Business Physical covers over 200 items that effect the bottom line.

According to the U.S. Small Business Administration, 8 out of 10 businesses fail within three years.  Research further reveals that 43% of business plans in companies that fail are used as a vehicle to secure business loans, but not for actually running the company.  As a result, opportunities for greater revenue, lower costs and increased profits are being lost unnecessarily. Business owners have crossed over the Abasia Point^©.

BPS

You could compare us to a GPS. We are like a Global Positioning System for a business, a Business Positioning System. First we need to find where the business currently stands. From there we can determine where the business needs to be. With all the critical business element analyzed we can map the preferred route to take with all the necessary milestones in between. It allows for control of the business to simply by knowing where it is and where the next step will lead.

Starting February 1, 2010, follow Dr. Stolk on twitter with his free new program "Improve your business with a question a day".  Find out how just by answering just one question a day can transform your business. Either click on the twitter logo above or right here and start following  Dr. Stolk.