Idatom Consulting
growing your business is our business
About our company
Idatom Consulting is a local Blue Mountains business consultancy, established in 2024, that focuses on small and medium size enterprises (SMEs)
We realise that many amazing SMEs struggle in the initial years of operation, or when established in a community, not because of a bad idea, product or skills, but from “all the other stuff” that takes up your valuable time and effort and stops you from focusing on the core of what makes your business what it is.
At idatom, we don’t speak like corporate consultants or use complicated jargon. We believe in working in partnership with you, to help your business meet its true potential.
With over 30 years of business experience, in a range of industries, including a degree in Business, focusing on all aspects of Operations, Marketing, Finance and Human Resources, idatom consulting can help your business grow.
See below for the range of services that we offer and contact us for a free consult and discussion on how we can help grow your business
Our Services
Workflow Audit
An efficient workflow is critical for business productivity.
Bottlenecks and inefficiencies can lead to:
low productivity
loss of income
negative customer experiences
low staff moral
Services we offer
complete current workflow audit
analysis and reporting of results
productivity solutions
implementation of improvement strategies
Systems & Procedures
Have you documented all your systems and procedures? Fully documented systems and procedures are asset for your business?
Questions you should be able to answer:
Is the system knowledge accessible for all employees?
How am I measuring the system efficiency?
Am I keeping up to date with legal requirements?
How do I train new employees efficiently?
Are all policies accessible and understood?
Services we offer
complete systems and procedures analysis
documentation creation including;
indexing
online access
flow charts
hard and soft copies
employee orientation to systems and procedures
Expansion
The decision to expand a business can be complex and is reliant on variables, such as;
Market opportunities
Access to finance
Product or service availability
Legal requirements
Marketing challenges
Supplier relationships
Services we offer
production of a business expansion plan
advice on expansion options
local
national
global
advice on financial and business grants
implementation strategies and advice
Financial Tools
Understanding the current and ongoing financial status is the most critical element in managing an SME.
Questions you should be able to answer:
Am I using financial ratio analysis?
How efficiently is my capital working for me?
How does my business compare to industry standards?
Services we offer
analysis and reporting on:
Liquidity ratio
Gearing ratio
Profit ratios
Efficiency ratios
Balance sheet
Income statement
budgets
comparisons to industry standards
implementation of strategies
Marketing Strategies
Identifying and attracting your target market is critical to ensuring that your marketing budget is focused and cost effective.
Questions you should be able to answer:
Do I have a clear and measurable marketing strategy?
Have I completed a SWOT analysis
Do I have a mix of promotional strategies?
Is my pricing strategy increasing my profit?
Services we offer
Complete SWOT analysis
Development of a full marketing strategy, suited to your specific business and industry, including;
mix of promotional strategies focusing on on product or service features
pricing strategy
logistics and distributions strategies
implementation and monitoring of strategy
Stock and Asset Management
Balancing stock availability, asset management, holding and delivery costs with high levels of customer service can be a critical element in the success of a small to medium enterprise.
Questions you should be able to answer:
Am I confident in my stock and asst management systems?
Am I often “out of stock” or “overstocked” of products?
Are delivery costs increasing?
Do I have good supplier relationships?
Are my assets being managed to provide maximum return on investment?
Services we offer
advice on suitable stock management methods
advice on stock management systems
advice on supplier contracts and management
implementation of stock management systems
advice and implementation of EAP systems
Strategic Planning
A business strategy is fundamental in ensuring long term growth and increased profitability.
Questions you should be able to answer:
Where do I see the business in the next year, in 5 years? 10 years?
Do I have a plan on how to reach our vision and goals?
Have I documented our strategy?
How am I implementing the strategy?
Services we offer
Working with you to develop your short, medium and long term strategies, including;
market share
revenue projections
plant and equipment expansion
employee expansion options
grants and subsidies to assist expansion
documentation of strategies via business plans
implementation of improvement strategies
HR Management
Employees are the most valuable resource for the success of any business.
Businesses must ensure;
choice of appropriate staff
employee job satisfaction and motivation
ongoing training and development
renumeration and incentives
legal compliance
performance reviews and reporting
Services we offer
advice on four stages of the HR cycle:
acquisition
development
maintenance
separation
advice on best practise for employee motivation
advice on establishing performance reviews and reporting
implementation and review of employee related strategies
payroll management
New Startups
Starting a new business from scratch or taking over an existing operation can be a daunting experience.
Balancing all areas of a business and ensuring that your core product or service is the main focus is paramount.
Areas to consider are:
Business plans
Capital investments, bank loans and grants
Location
Legal requirements
Initial marketing and promotion
Supplier relationships
Services we offer
a ‘business ready’ audit tool and checklist
production and editing of business plans
contact with industry professionals and networks
Advice on :
Operations
Marketing
Finance
Human Resources
implementation strategies and advice
Contact and Follow
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Send us an email and we’ll be in touch shortly to discuss all your business needs
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Call or text to discuss your business needs
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