What It Is
A Business Assessment as a systemic process that measures the differences between where your business is today and where you want it to be tomorrow. It identifies what’s working well, what needs improvement, and what’s missing. A Business Assessment defines the specific actions needed to achieve a company’s desired state.
When we perform a Business Assessment, we analyze everything from funding and workforce to specific tasks like sales, marketing, human resources, operations, IT management, etc. After identifying a company’s needs, we offer prioritized, targeted solutions. These solutions often include money-saving programs such as grants that manufacturers aren’t even aware of.
Why It’s Necessary
A periodic Business Assessment should be part of your company’s continuous improvement process. Business climates change and technology constantly evolves. Resources change too, and companies that don’t recognize and react to all of these changes risk falling behind their competitors.
A Business Assessment performed by an objective third party exposes needs and weaknesses that can be overlooked or concealed by internal staff. It prioritizes actions and directs resources where they are most needed and where they will produce the most beneficial results. A thorough Business Assessment ultimately pays for itself in increased efficiency and optimization of resources.
Connecticut Manufacturers Resource Group (CTmrg) has a long history of conducting successful Business Assessments. We understand the manufacturing industry, we’re acutely aware of current state and federal resources, and we’re experts at helping businesses take advantage of them. With CTmrg, you have access to the most experienced, knowledgeable staff available. Helping Connecticut manufacturing companies succeed is our specialty. Let us help yours today!
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