Australian Finance and Business Coaching
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'Mentoring'

For many years we have developed a variety of successful techniques that have been applied to numerous business situations in a multitude of industries both in our domestic market and on an international stage.

The common situation that has occurred in our own personal Mentoring success relates to recognising that most clients already have the knowledge and skills required to be successful but often lack the understanding of putting them into a business format. This is particularly relevant in the small-to-larger small size businesses, which is one of the areas of our focus.

Many people in different parts of the world have described Mentors. Some have said

"... a mentor is a person who is your friend, someone who really cares about you. A mentor is committed to helping you be the best that you can be. A mentor will challenge you, not let you off the hook ..."

In essence what we do as Mentors is simply help people gain what they really want in the quickest possible time frame and in a profitable way.

It can be recognised here that there is 'NO RIGHT or WRONG' method of Mentoring as each and every business and their needs are different.

Others have described Mentors as ..

'... a professional who specialises in one area and assists people succeed in that area whereas a Coach assists people in general areas with no specialisation in any area ...'

In our Business, we specialise in Business and take it very seriously- ' our success is your business '

Mentoring Processes "Sometimes Mentors can teach you new information, new strategies and skills; they show you how to get measurable results. Sometimes a Mentor doesn't even teach you something new, but they remind you what you need to do at just the right moment, and they push you to do it."

Adding to these thoughts we can accept 'Mentoring' as 'the process to support clients utilising ongoing mentoring through the use of Change Management techniques that analyse current and future business and personal goals to provide a range of possible solutions to meet these needs'.
The process of Mentoring usually involves areas of profitability and Human Resources whilst recognising the importance of business practices for product and service delivery commonly recognised as Sales & Marketing.

The AMFC process can be consider as this;
1. Initial Interview-approximately 2 hours for free where we assess your needs; Provide an overview of mentoring methods to solve your problem areas and collect information about you that we use in this process

2. We then set an initial program - this is usually for the first four (4) weeks.

3. At the end of the first four (4) week period, we reassess the strategies we need for you to be successful and begin the implementation of these.

The following is a list of some of the areas AMFC covers within a business and with a hands-on approach in consultation with you;

Business Structure:
Business Plan, Organisational Chart, Control Functions, Administration Area, Sales & Marketing Area, Legal Structure, Taxation Structure, Human Resources (HR Process, Salary & Wage Structure, Award Conditions, Contracts/Agreements, Confidentiality Agreements, Contractor Arrangements, Superannuation, Work Cover), Work Methods, Premises Review

Financial Structure:
Cashflow Projections (Both existing and new), Comparative and Projected Profit & Loss, Comparative Balance Sheet, Break Even Analysis, Expense Comparison, Accounting Process, Bank Requirements

Mentors Responsibilities
The ultimate responsibility of the Mentor is to provide what you want in the time frame given and with Honesty, Integrity and Due Diligence. In addition to this, it is the Mentors responsibility to foresee any hidden business dangers and ensure these are addressed well ahead of their arrival-without this foresight, we are simply 'putting out fires' and not ensuring the growth of the business in a way that is conducive with change management techniques.


Queensland Head Office: P.O. Box 368 Hervey Bay 4655
Brisbane Office: P.O. Box 829 Stones Corner 4120
Gold Coast Office: P.O. Box 164 Miami 4220

Mob 0417 199 800
ABN 64 121 634 491
 
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