Frequently Asked Questions

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

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.

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.

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.

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.

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.

What industries does Greg Wheeler Consulting specialise in?

Greg Wheeler Consulting offers expertise across various sectors, including ASX-listed companies and SMEs, providing tailored solutions to meet diverse business needs.

How can your consulting services assist in strategic growth?

We help define your vision, develop actionable objectives, and implement strategies that turn ambitious goals into realities, aiming to establish your business as a high performer in Perth’s market.

What is your approach to process improvement?

We focus on system enhancements and strategic planning to optimise operations, enabling your business to achieve more with less.

How does business coaching differ from consulting?

While consulting provides expert solutions to specific business challenges, coaching involves guiding and empowering clients to develop their own strategies and solutions, enhancing leadership and decision-making skills.

Can business coaching help with leadership development?

Yes, our coaching services aim to elevate leadership skills, enabling you to drive your business forward with confidence and clarity in Perth’s dynamic environment.

What outcomes can I expect from your business coaching services?

You can expect improved strategic planning, enhanced operational efficiency, and strengthened leadership capabilities, all tailored to Perth’s unique market dynamics.

What is ISO 31000, and how does it apply to my business?

ISO 31000 is an international standard for risk management, providing guidelines and principles to help organisations manage risks effectively. We assist with its practical implementation to safeguard your business.

How do you identify potential risks in my business?

We conduct a comprehensive risk assessment, analysing your operations to identify potential risks across various domains, ensuring a thorough understanding of your risk landscape.

What strategies do you employ to mitigate identified risks?

We provide actionable strategies based on the risk assessment, including risk avoidance, reduction, sharing, or acceptance, tailored to your business’s specific needs.

How can I prepare my business for sale?

We guide you through the process, helping you understand your business’s value, streamline operations, and develop a structured approach to attract potential buyers.

What factors influence the valuation of my business?

Factors include financial performance, market conditions, operational efficiency, and growth potential. We assist in enhancing these areas to maximise your business’s value.

How long does it typically take to sell a business?

The timeline varies based on factors like market conditions and business readiness. We work with you to develop a realistic timeline and strategy to facilitate a smooth sale process.

What criteria do you use to assess the viability of a start-up idea?

We evaluate factors such as market demand, competitive landscape, financial projections, and the scalability of the idea to determine its potential for success.

Can you assist with developing a business plan for my start-up?

Yes, we help craft comprehensive business plans that outline your vision, objectives, strategies, and financial forecasts, serving as a roadmap for your start-up’s growth.

What support do you offer for securing funding for my start-up?

We provide guidance on funding options, assist in preparing compelling proposals, and leverage our network to connect you with potential investors.

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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