3 minute read

WAYNE GRIFFITHS: BUSINESS SOLUTIONS FOR 2021 THAT WORK

Marsh Tincknell has a full range of specialist divisions tailored to assist their clients in every possible way, but you may not realise they have another weapon in their Business Solutions arsenal - Wayne Griffiths.

Leading the team at Raffino Business Solutions, Wayne focuses on designing and implementing carefully crafted growth and efficiency strategies in order

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to create a more profitable business for his clients.

If you’re dissatisfied with your business profit and want a better return on your time, effort, the risk you are taking, and the capital you’ve invested, then Raffino can help.

Tight cash flow creates stress and may mean you need to dip into private funds to prop up the business. Working hard for little reward and not getting where you want to go doesn’t have to be your reality!

Wayne says that it’s possible to have the financial freedom and security you’ve always desired by focusing on strategy development, marketing and sales planning and implementation, individual and team performance improvement, financial management, systemisation, and implementing KPIs to measure, monitor and continuously improve business performance.

With more than 30 years of business experience, Wayne knows the pitfalls that constrain most businesses, such as;

Staffing issues, including poor culture, performance or unclear roles. Inefficient business processes Ad-hoc marketing and ineffective sales strategies Unclear state of the business and root causes of ongoing issues Uncertainty about the future and how to grow profitably with minimal risk Low profit and poor cash flow.

Wayne’s ability to quickly identify the key issues means he has helped many businesses crystalise their strategies, take control of their future, and turbo charge their profit result.

What would it mean to you if you could double or treble the profit of your manufacturing business within 2-3 years? It is not just a pipe dream. Wayne says you must have the following four things - without them it is tough yards:

High quality products and hopefully better quality than your competition Sufficient demand for those products, that is, there is enough opportunity Access to sufficient working capital High level work ethic, discipline, and accountability

Wayne says it is super important to be clear on the purpose of your business. The purpose of your business is to CREATE WEALTH FOR THE OWNERS. Therefore, the purpose of business is to maximise FREE CASH FLOW.

Net profit and working capital improvements create free cash flow.

Raffino will show you how to generate free cash flow and explode the financial success of your manufacturing business.

Over the last 3 years, Raffino’s manufacturing clients have enjoyed truly impressive growth:

Average revenue growth of 223% Average gross profit margin improvement of 3.1% Average operating profit growth of 488% Average operating profit margin improvement of 10.3%

With 31 years’ experience working closely with all

types of manufacturers all over Australia, we know the common speed-bumps, hindrances and stressors in manufacturing, and can help you circumvent these with confidence. Their Profit Accelerator Program includes Lean Methodology, which optimises factory workflow and systems to improve efficiencies and reduce waste. 9 step process which includes

Increase prices Improve materials and freight efficiency Improve direct labour efficiency Increase your volume Drive fixed expense efficiency Decrease debtor days Decrease inventory days Increase creditor days Improve fixed asset utilisation

The Raffino secret sauce is knowing which profit and cash flow driver in the 9 steps below to pull, when to pull it, and how hard. This is where their expertise intersects with their experience, which yields impressive results.

raffino.com.au