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FAQs

How do I get started - What is the Free 360 Profit Maximisation Audit?

This Free Audit is the most preliminary consultation, where we’ll speak with members of your senior management team to find out some details just buy essay regarding your business. We’ll also go over the basics of profit maximisation (so you understand what it really is) and share some of our experiences. This is an informal meeting, and is of course without obligation, where we’ll discuss:

– The entire scope of your business operations
– Management and leadership team profiles
– Areas & categories of spending concern
– Cost reduction expectations / estimates
– Where the Lift Group fits into the picture

** Following this meeting we will take away some of your financial data and statements and our team will look at your spending patterns in a few key areas. At Lift, we have a strict policy of only taking on clients only where we are confident of delivering a result, that meets their expectations. We see no benefit in promising results we cannot deliver and compromising our credibility. It is only after careful consideration that we will submit a formal proposal, outlining the full scope of our services, together with a schedule of fees for your consideration.

How much does your service cost?

Wrong question! Unfortunately, this is why most businesses never benefit from the expertise of management professionals. The right questions is – how much profit can you help my business make?

Incidently, our fee are very competitive for the level of service we provide. Contact us for a Free Audit to found out more.

Why should we use consultants - we know our business best?

Lift offers a fresh, independent perspective to how your your business is performing. Even the most strictly and cautiously help to do homework managed operations reveal oversights that management have not been able to discover. We have the specialised knowledge, skills and experience that give us the greatest probability of providing a solution.

What is Profit Maximisation all about?

Profit maximisation & cost reduction isn’t about spending freezes and layoffs, or finding the cheapest supplier or vendor, rather it about understanding the dynamic nature of markets, customers, competitors, operations and costs.

We already have financial controllers and cost accountants – how can Lift help?

Most finance professionals lack the experience in understanding cost issues across various cost categories. As a result companies spend in the wrong areas or end up paying exorbitantly high fees for products and services.

There are also those unseen and intangible people costs associated with managing teams that are often neglected because they are difficult to gauge such as morale, well-being and engagement. Most financial managers simply don’t have an exact understanding of these issues, nor have the time to carefully explore cost options, obtain multiple quotes, understand the exact requirements of a business and negotiate strongly.

How long will it take to reduce cost and see real savings?

Almost immediately, however, most organisation’s will appreciate any management process should never be viewed as a quick fix. Of course there are some costs than can be reduced in the short-term cycle such as, third-party relationships and others over the long-term such as an IT implementation. Since policy and process changes take time to implement it is difficult to give a timeframe until we have submitted a formal proposal to your team.

Who are your clients?

We work with all size businesses from a local team of a few, to national and international companies of many thousand employees. We also work with start-ups and new ventures looking to create viable cost base before inception, as well as companies looking to expand. The costs associated with expansion are significant and time constraints often place tremendous pressure on business to make purchases without due diligence. We can certainly help in this process. Our experience across all industries, including franchisees, non-profit groups, government and educational institutions places us in good stead.

Will the process take up the time of my staff?

Most of our assessment, including all research and analysis is completed off-site; however it is important for us to spend some time on-site speaking with, and observing your teams in action. We will need access to certain key management / staff to gather more information, to help us make the best possible recommendations. Generally we find that most people feel comfortable dealing with an independent third party, especially when they know we are there to improve work practices.

What if you don’t find any profit opportunities?

As a matter of professional practice we will only work with clients whom we believe we can offer a significant profit improvement. This is usually determined during our initial Free Audit and information gathering stage – before we have been formally engaged.

Book Now | FREE 360° Profit Maximisation Audit |  Delhi / NCR

*Instant Callback*