Frequently Asked Questions

Find answers to common questions about Greg Wheeler Consulting and our business services.

Using an External Consultant

If a business is performing in the top Global quartile - then the need for an external adviser may be limited. If an objective opinion which gives voice to all levels of personnel on business Strategy/Issues of Concern/Execution in an unbiased way, then becoming better is considered easier through objective assessment.

How Long Does A Strategy Review Take

Our experience is to meet, listen to the perceived problems and then decide whether we can make a substantial difference [we value time as it is limited and don’t want to waste ours or yours].  

We would then provide our view of Issue priorities through risk exposures, with expected costs and delivery timeframes.

Clients can then consider allocation of their limited resources for maximum benefit to their business.

Exit Strategies

Succession planning and/or Growth are typical reasons for a Business Owner to explore selling their ownership interest to Investors or another business and success requires a structured approach.

We advocate a 1 page Deal Outline & Timeline agreed by both parties before involving other Advisers -who may complicate the deal proceeding ‘in harmony/with trust'.

The need for extensive Due diligence files, as well as Requests for Information will take considerable senior management time and hence the concept of a living internal data-room which is regularly updated is worth considering.

Exit costs typically charged by Brokers can range from 5% to 7% depending on the size of the business.

SME Challenges

Small & Medium sized enterprise [SME] owners are required to work IN as well as ON the business due to their competing strategic and operational roles - hence available time is very limited.

We can provide independent objective advice to help with improvement & change in areas which include:

  • Strategy & Planning;
  • System Improvement;
  • Managing Risk;
  • Aligning Stakeholders.

Greg has +40 years of business experience to help deal with these challenges including:

  • Keeping/Recruiting People;
  • Revenue Growth;
  • Digital Transformation/Optimisation Strategy; and
  • ESG.

About Our Fees

Our fees recognise the value of the advice delivered. We charge from $2,250 to $3,750 per day depending on the assignment complexity, duration & deliverables.

In some cases we have taken equity positions in businesses for the value delivered to ensure we are aligned with other stakeholders eg. start-up businesses.

Ready to improve your business performance?

If you would like an independent view on how to deal with any financial, operational or other issues affecting your business in Perth - then get in touch with Greg Wheeler Consulting.
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