FINANCE

Rich Business - Poor Business

ACHIEVING FINANCIAL FREEDOM

One of the most important lessons of life is that ‘money doesn’t grow on trees’ and that ‘we do not get anything for nothing’. We learn that simply ‘Money in gives us Money out’.

Taking this same approach to the business environment enables us to grow a business successfully.

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COMPLIMENTARY
60 MIN CONVERSATION

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FINANCE WITH 

And that is the beauty of Financial Freedom. When the environment, the tools, the desire all align, Financial Freedom can take place.

BIG PICTURE help you to understand how to ensure this outcome. It provides the essential insight that reinforces the WHY we need Financial Freedom, and how we support you with Financial Success.

What is important to us is that you have Financial Freedom and an understanding of how to ensure Financial Success.

underpinned by some key principles:

  • Financial Freedom is understanding stakeholder financial objectives; financial customer objectives; critical business financial objectives and critical financial enablers;
  • Financial Freedom is developing a due diligence process and not leaving everything to chance; and
  • Financial Freedom is taking the opportunity market forces offer and not to be risk averse.
“Imagine brainstorming with structure. That is why it makes a difference. Sessions with Executive Boards are hard to keep on track - we have a formula that keeps everything channelled to what the objective was when we started. Pretty unique!”
HYWEL GRIFFITHS, CHIEF AND FINANCE PARTNER

WHAT CAN YOU EXPECT

Let’s start with a complimentary 60-minute Discovery call so that we can explore what it is you’re looking to achieve working with YourBigPic and who is best placed to work with you.

In this call (or face to face meeting if appropriate), we’ll discuss the outcomes you’re looking to achieve in your organisation, and the pain points that are stopping you from achieving them.

We’ll discuss what your expectations of YourBigPic are and we’ll explore the fit for our working partnership. If we are in alignment that we are a fit to work together, then the natural next step is to move to the consultancy phase where we can focus down and make plans.

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ASSESSMENT

TO IDENTIFY PAIN POINTS

1. BEING IN PROFIT
How Can You Be Sure that You’re In Profit? will be the first question we ask and the first analysis we complete.

2. BREAKEVEN POINT
It is vital for your business to know its break-even point, because this will determine pricing and profitability and is the main benefit of a Break-Even Analysis.

3. UNIQUE SELLING PROPOSITION
We will help you understand your USP and what differentiates you in the marketplace.

4. COSTS
We complete a full analysis of all the costs associated with running the business so that you can concentrate on your profit margin.

5. PRICING STRATEGY
The higher the mark-up on a product, for example, the higher the gross profit to set against variable costs. This must work in relation to the target audience and market conditions.


DESIGN

OF FINANCIAL PLANNING

1. BEING IN PROFIT
We use various financial tools such as the breakeven analysis tool and Profit and Loss account to help you understand you financial foundation and design a successful strategy to remain in profit.

2. BREAKEVEN POINT
Using the breakeven analysis tool to understand money in and money out strategy.

3. UNIQUE SELLING PROPOSITION
We help you understand the target market and the target audience through research and development strategies.

4. COSTS
We share a full cost analysis strategy and programme that ensures you staying in profit.

5. PRICING STRATEGY
We share tools with you that helps you determine the best price for the product on every given day.





FACILITATION

OF FINANCIAL CHANGE

1. BEING IN PROFIT
Having developed your best strategy, we oversee the facilitation and use of the tools to ensure your understanding moving forward.

2. BREAKEVEN POINT
We help you implement a successful review strategy to ensure the breakeven point correlates with the company costings.

3. UNIQUE SELLING PROPOSITION
We will help you research the current trends for your product/proposition regularly to ensure your USP is up to date.

4. COSTS
As costings is the most important part of the financial journey, we will work with you to update cost and projection sheets quarterly while assessing the fixed and variable costs.

5. PRICING STRATEGY
This needs to be analysed daily and an understanding of what competitors are doing so we work with you to determine the best approach to being the best option in your industry.

DELIVERY

OF EXPECTATIONS 

PAIN POINTS SOLVED

1. BEING IN PROFIT
Constant cash flow and % profit margin.

2. BREAKEVEN POINT
Understanding of the breakeven point and how to keep to it.

3. UNIQUE SELLING PROPOSITION
Updated and trending product and proposition.

4. COSTS
Understanding of costs and plans for any changes to keep costs within the breakeven.

5. PRICING STRATEGY
Price point that keeps clients coming back for repeat purchase.
















WHAT’S UNIQUE ABOUT US?

In our experience, change is best delivered when people are bought into it. Your people know the challenges and the opportunities, and activating them brings real insights and value into how your company operates and what your customers need. All in the same room on the same page!

TEAMWORK
CHANGE
STRATEGY

The real value of YourBigPic as a Solutions Provider

By exposing the pain points earlier you have an opportunity to work out what's to be done. This analysis leads to a greater level of detail for the planning the work. This happens quicker than you would expect thereby saving us time and you money! More to invest elsewhere?

This is for you if you are struggling with financial goals in your business objectives - and having difficulty understanding how to overcome that pain.

How does FINANCE fit in?
MORE SPECIALITIES PLEASE
“In a nutshell think Cash Flows, Return on Investment (ROI)
and Earnings Growth for achieving Financial Freedom."
HYWEL GRIFFITHS, CHIEF and FINANCE PARTNER