Prioritizing Financial Value: Key to Sustainable Business Success
Orest Coaching Blog
by Orest Lysymanko
1M ago
In the quest for business growth, the importance of creating financial value is often overlooked. Yet it is the cornerstone of long-term success. Creating financial value goes beyond generating revenue; it’s about profitability, efficiency, and resilience. Businesses must balance growth and profitability to ensure sustainability. Efficiency plays a crucial role. By streamlining operations and making strategic investments, productivity and profitability are improved, ensuring better use of resources. Effective risk management is vital. Identifying and mitigating risks protects revenue streams ..read more
Visit website
We are Orest Coaching
Orest Coaching Blog
by Orest Lysymanko
8M ago
We work with business leaders, business owners and professionals who are experiencing significant challenges in managing, in the profitability and growth of their business or who want to take their business to the next level. We have developed a proven A.C.T.E. approach to business coaching,  strategic planning and value creation/business transfer programs that help our clients solve their most pressing problems, enabling them to grow their business and create value right through to the business transfer. Orest Lysymanko, PCC Orest Lysymanko is a Professional Business Coach with Orest ..read more
Visit website
Business Transfers Tsunami
Orest Coaching Blog
by Orest Lysymanko
9M ago
According to a new report by the Canadian Federation of  Independent Business (CFIB) , over $2 trillion in business assets will be transferred within the next decade and 76% of business owners plan to exit their business. Most of the business owners 75% will want to retire and only 9% have a formal business succession plan in place. No exit strategy or a poorly managed business transition can result in a significant loss in value for the business. It takes 2 to 5 years to prepare a successful business transfer and it is essential to be surrounded by experienced professionals during the p ..read more
Visit website
QUESTIONS TO ASK YOURSELF TO DEVELOP A PLAN.
Orest Coaching Blog
by Orest Lysymanko
9M ago
In business, we focus on our results. Looking at our priorities and always asking ourselves what is most profitable (ROI). What is most effective? Is there an impact to grow my business? Here are some questions to ask yourself: What is your goal? What are the steps to achieve the goal? What needs to be done to accomplish each step? When will you do each of these steps? What resources, indicators, and support will help you achieve these steps? A well-detailed and executed strategic plan is the key to a successful business. https://orestcoaching.com/en/strategic-planning/   Orest Lysymanko ..read more
Visit website
The process of Value Creation for your business
Orest Coaching Blog
by Orest Lysymanko
9M ago
Value creation is a shift in strategy and focus, on allocating resources and efforts to the key drivers that increase the value of a company, for business owners and all stakeholders involved. By integrating value creation activities into a strategic action plan, business owners will be more successful in increasing the value of their company and attaining their financial goals with an exit strategy. Step One Analysis of the current situation Complete A.C.T.E. assessment Mission Vision Values Gather financial information Competition Customers Product and services Organizational Chart & E ..read more
Visit website
Value Creation for your business
Orest Coaching Blog
by Orest Lysymanko
9M ago
For business owners who are looking to eventually sell or transfer their business, we are pleased to announce that R33 Ventures Inc and Orest Coaching have partnered and developed a turnkey value creation program that helps to increase the value of their company and attain their financial goals with an exit strategy.     ..read more
Visit website
The Process of Strategic Planning. An interview with Stephen Goldberg from Optimus Performance
Orest Coaching Blog
by Orest Lysymanko
9M ago
An interview with Stephen Golberg from Optimus Performance https://www.youtube.com/c/OptimusPerf… wherein we discussed the importance and the process of strategic planning for businesses. A strategic plan provides a business with a clear direction to achieve its strategic objectives which are aligned with a set of priorities and Key performance measures. It ensures that the whole organization is working towards achieving the same goals. The Mission, Vision and Values are the foundation of the business. The success of the strategy is directly related to the level of employee engagement. Enjoy t ..read more
Visit website
Succession Planning is the key for a successful Business Transfer!
Orest Coaching Blog
by Orest Lysymanko
9M ago
According to a study by the Canadian Federation of Independent Business (CFIB) , almost three-quarters (72 per cent) of SME owners intend to exit their business in the next 10 years. The vast majority are thinking of selling their business or transferring their business to retire and only 8% have a formal written plan. According to a study by the Business Development Bank of Canada (BDC), more than 40% of Canadian entrepreneurs will exit their business to retire within the next five years and these studies were before COVID-19. For a business owner, no decision is more important than the deci ..read more
Visit website
How to prepare now for the business recovery linked to COVID-19
Orest Coaching Blog
by Orest Lysymanko
9M ago
I am pleased to share a webinar on * How to prepare now for the business recovery linked to COVID-19 * which was presented to the members of the West Island of Montreal Chamber of Commerce We discussed strategies for the 3 phases for a Business recovery * Analyze the current situation * Reset the priorities and Action Plan * Alignment, Execution and Follow-up The webinar will help business owners and professionals  set clear priorities leading to a concrete action plan in order to restore the operations.     ..read more
Visit website
Business Recovery Program linked to COVID-19
Orest Coaching Blog
by Orest Lysymanko
9M ago
  The COVID-19 pandemic has affected many companies which will find it difficult to regain a state of profitability in the short and long term. The Business Recovery program will allow business leaders to take proper actions in order to re-establish the business operations and set clear priorities with a concrete action plan to achieve their objectives. Phase 1 Analyze Current Situation Assess whether the work location is configured in accordance with COVID-19 guidelines Assess the challenges that COVID-19 represents to employees, major customers, suppliers (i.e. procurement), technolog ..read more
Visit website

Follow Orest Coaching Blog on FeedSpot

Continue with Google
Continue with Apple
OR