Bus Diagnostic

A business Diagnostic, or "Snapshot", is a tool that is assembled for the purpose of evaluating the form of a business at a specific time. On completion the detailed description of the lower list of elements, will determine direction when the business may be considering a major shift towards an area it has not been before. This may be:

A new product

A new agency or location

Expansion of the present location

Diversification in manufacturing

Special purpose finance

A Business Diagnosis will include the following:

Evaluation of premises being suitable for the purpose

Competency levels of all employees and management

Suitability of plant and equipment

Purchasing policy

Distribution policy

Market place position and competitors

Research & development

Marketing & advertising policy

Financial position & requirements

Competition & capacity

Summary & recommendations

Costs:

The cost is variable and the parameters could be from a few thousand to many thousands of dollars. Quotes are usually called prior to commencement. A quote would include:

Commencement date

Estimated completion date

Payment methods and price, and

a detailed brief of contents.

State and Federal government departments are prepared to assist with the cost of a business diagnostic, should you meet the criteria set down by the department.

Most lending authorities require a diagnostic prior to lending. It is for that reason financiers are also happy to assist with payment. It is essential you call for quotes before proceeding. Click here for more on business