Business Performance Indicator

Pilot’s Business Performance Indicator (BPI) is a strategic planning and consulting service that reviews the financial health of your business. We do this by examining key areas of your business with the end goal in mind to:

Grow your business;
Increase the overall value of your business; and
Help you reach your personal goals.

BPI will review and provide analysis on the financial and non –financial areas of your business. It can be implemented to:

Enhance your business performance;
Improve your cash flow;
Set KPIs and monitor trends;
Ensure that your business is complying with bank loan covenants;
Assist with bank finance approval;
Develop budgets for your business;
Plan future directions through goal seeking analysis;
Assist with identifying potential sale or purchase opportunities;
Benchmark your business with like businesses; and
Evaluate new markets.

By utilising BPI, we can help you to better understand the financial impacts of your business decisions before they are made. This is because we are able to identify key issues in your business through real time “what if” scenarios. After determining an area of focus, Pilot’s business advisors will work closely with you to develop the right strategies to guide your business towards success.

BPI is made up of five key steps:

Identify – understand your business and personal needs and outline areas in need of improvement;
Communicate – our advisors will review your business data and present key findings in a manner that is easy to understand;
Advise – capture and present your business’ key strengths and weaknesses in our regular Strategic Analysis Reports;
Strategy – develop strategic action plans for your business and personal goals; and
Monitor – meet regularly with Pilot’s business advisors to review KPIs, develop goal seeking scenarios and grow your business.