PM Update

Bulletproof your business

Written by AFG | 2 March 2022 2:54:04 AM

Almost every day, you will hear that the Australian property and lending market is not sustainable at current levels. History has taught us that this peak will eventually level out, whether this is three months or three years away. Put the time in now and reap the benefits not only through the boom, but also “if” a downturn arrives.


Planning for the future

A great way to approach planning is to break processes down into smaller parts and solve them in stages.

We often encourage the brokers we work with to start with the ‘more, better, less’ approach. What can they do more of? What experiences and processes can they make better? And what should they stop doing, change or do less of? This helps to clarify their high-value and low-value activities effectively.

Once brokers clearly understand their laundry list of high-value and low-value activities, it becomes easier to be analytical about building their longer-term plans.

Clarifying your vision

When planning long term, it often pays to look to the past. Where was your business five years ago? Where have you seen the most significant process improvements? What activities shifted the dial for you? What changes did you make over the past five years that are essential? What are your mistakes from the past five years?

Taking an honest look at your success and failure is critical to business success. It’s great to be proud of your achievements, but you are hamstringing your growth potential if you gloss over your mistakes.

If you are ready to take the next step in your business and supercharge your growth or simply run a more efficient business with better work life balance we are here to help.

We often have a bucket list of what we know we need to do but often time will get away from us and before we know it, the goals and ambitions have been put on the back burner. Now is the time, please reach out to your Partnership Manager.