Your FAQ’s Answered about Our Solutions to Growing Your Business
What Size Businesses Do You Mentor?
The simple answer is all sizes and all types of traditional businesses in…
The large majority of our clients have come from service industries, especially trade and professional types of businesses. These are the industries Tim’s 34 years in business have been involved in.
With over 20 years of marketing our services, clients have been attracted to us from all the above industry types. That’s because all businesses have similar challenges both for the business and the owner/s. That means the solutions are similar too, which become extremely refined and powerful after 20 years or development.
What Sort of Results Do Your Clients Achieve?
Circumstances vary greatly so there’s no ‘fixed’ result that is standard. Our business mentoring results with all five types of businesses (above) have been spectacular, with case studies in each of these industries where clients’ businesses increased Net Profit by over 100% in a one to six months. Others have seen up to 3,000% increases in Net Profit in less than 6 months.
In regards to sizes of businesses and their results, here are a few examples…
- A fly fishing school business doubled income from $800/week to $1,600/week within 2 weeks
- A wholesale timber fencing supply businesses added $60,000 in 4 weeks to their $80,000/month revenue business, within one month
- A bathroom renovation company went from $12,000/month turnover to $121,000/month turnover in 5 months
- A $3.6 Million turnover building industry company making a loss of $240,000 turned it around in two months to be making $360,000 net profit (this is a case study discussed in detail the Academy of Business Mastery)
- A $1.5 Million revenue company with an 8% Net Profit Margin grew to $10 Million with an 18% Net Profit Margin from one financial year to the next. Two years later that same business is operating internationally with a revenue of $35 Million with an 11% Net Profit Margin.
- A kitchen renovation company owner went from working 70 hours a week to zero hours per week, after systemising all aspects of the business to then hire a general manager to completely replace the business owner. The owner stopped working it completely until he sold it and moved interstate.
- A direct sales company, stagnant at $1.5 Million with an 8% net profit margin grew to $10 Million with a 17% net profit margin in one year. Four years later it had reached $36 Million with an 11% net profit margin operating in three countries.
There are many, many more examples of spectacular growth with clients’ businesses, and you’re welcome to ask questions and discuss them in details in a ‘breakthrough meeting‘ where you can ask any questions, and we’ll discuss how you can double your business profits and free up hours or days of your time each week.
Are All the Courses for All Businesses?
The half and full day courses are suitable for all businesses.
The size of your business (in terms of number of employees) influences our recommendation for our three bigger courses.
For example, single operator business owners are not suited to (or eligible) for the Academy of Business Mastery course. With no employees there are so many aspects of the course that can’t be applied, so it’s suited for businesses with two or more employees.
If you’ve been in business a few years or even decades, you’d know there’s more to growing and managing your business than just marketing and carrying out the work from the sale. These areas and all other areas of management (and reporting) are where the Academy excels as it goes deep into all aspects of growing and managing your business. The course is very practical and experiences of implementing systems, strategies and templates from the course are discussed during the course.
One on one mentoring is ideal for single operator businesses, one session at a time is always affordable, and often these businesses are best to begin with a comprehensive Business Growth Plan.
Our Double Your Profits digital training course is excellent for any size business as its 17 hours of solid information on business development with team building, sales, marketing and measuring strategies to mention a few. Clients of this course have been from $50,000 in revenue up to $8 Million and every single one of them said they received ‘excellent value’ in the content and results.
What ‘Ready to Use’ Systems Are Included in the Academy of Business Mastery
The Academy includes all these ‘ready to use’ systems…
- A recruitment system – to attract and identify good attitude employees
- A team meeting system – to motivate and hold accountable your employees for far more time saving for you and higher productivity
- A complete suite of measuring, management reporting and analysis tools – to find the hidden profit opportunities all businesses have
- A business growth planning tool
- A profit sharing tool and system
- A full recruitment system to hire a general or operations manager, including the job description and KPIs
Our systems are highly refined thanks to the hundreds of business owners feedback and input from using them. They are finished, yet still being improved (as all systems need to be).
To create all these essential systems would take hundreds of hours of your time, which is a very high cost to your business. Best of all you will be able to discuss all systems you are using in our fortnightly reviews.
Is the Academy of Business Mastery Business Coaching?
No its quite different and a proven, better method of getting results with growing a business, and far more affordable.
Tim Stokes was conducting business coaching for ten years, prior to creating and collating the Academy in 2006 to 2007. He was doubtful of achieving better results by training business owners in small groups, however the results seen have been far superior as an average, plus clients keep on improving their business success year after year long after the course was completed.
This is the major difference and benefit of small group mentoring versus business coaching. Typically the business coach wants to keep coaching the client indefinitely whereas the aim of the Academy is to empower business owners with quality information, permanent mindset improvements and essential business skills.
The Academy of Business Mastery contains 10 workbooks and over 50 digital systems including management reporting tools refined over 15 years. You won’t get all these in any business coaching program. Clients often report back to say they are still reading the workbooks and gaining value from them years later and are using the management reporting tools to keep increasing profit margins.
There’s no wasted time in the Academy, which is why results can come so much faster – during the course without time-wasting lengthy discussions. The course content is about implementing solutions and discussing the results to improve again.
Will Our Course Systems be Relevant and Work for Your Business?
That’s one of our most asked questions and the answer is absolutely! Just look at the incredible results we achieve with our clients across all kinds of industries in service, manufacturing, retail and wholesale and you’ll see that the content works with any type of business.
What Countries Are You Servicing?
All English speaking countries in the world that have an internet connection as all our business courses are available online in either live training sessions or video recordings with one on one mentoring.
Is Your 8 Month Academy of Business Mastery Expensive?
There’s no real comparison of this course content in the market place. It’s not an academic course so its not for employees, its for business owners only.
No other group mentoring course include so many templates, ready-to-use systems, management analysis and operations tools, and planning tool so there’s no real comparison to the contents. That’s makes it harder to put a value on it to state whether it’s expensive or not.
Its much less expensive than any experienced business coach who rarely gives any content that is ready to use, let alone all the huge list of included content in the Academy.
Its really incomparable to anything anywhere in the world being offered, yet the results in terms of profit increase are also up there with the best anywhere or superioor to them. That makes it the best value and highest ROI course or service of its kind anywhere in the world today, and far superior to any business coach (if you can find one with 20+ years of experience and 34 years of business experience).
Considering the $10,000 in value (stated by accountants) worth of management reporting tools in the Academy, the ten workbooks and one-on-one mentoring on customising all the management measuring tools you receive during the course, the Academy is far greaterr VALUE than any other type of training you’ll find in the market place.
Do You Guarantee Results?
The short answer is no because the content isn’t on trial, it achieves great results whereas a business owner who becomes a client may not commit to implementing what they receive.
The client results achieved for over 20 years verify the quality of the content as can also be seen in client video testimonials. Plus video testimonials from accounting firm owners, with real names and businesses you can find online also prove the quality of our content.
Accountants almost rarely recommend any business mentoring, courses or business coaching, let alone go on video on public websites with their firms names.
Without having a chat about your business, challenges and goals while answering all your questions it may be hard to gauge the integrity of a company like Profit Transformations.
Based on that it’s best if you book in for a chat with Tim Stokes to talk about your business and have all your questions answered.
There’s no cost or obligation and you’ll definitely be happy with the conversation as Tim will give you free advice on improving your business during the meeting. However it transform your life and business for the better.
Why not take the first step and find out more, to make an informed decision for your business future?
How Can I Find Out More or Talk to Someone about the Mentoring and Courses?
To get a sample of content start with the free LEVERAGE book. It has access to a 1 hour management training video.
To talk about your business with Tim Stokes and ask any questions you can even give our office a call – Australia on 1300 778 377 or book a ‘Breakthrough Meeting‘ to talk about your business, your goals and how they can be achieved through our various mentoring services.