Coaching for established businesses across the business life cycle
Consistent success is the result of a well-managed business across all stages of the life cycle.
At Tenfold our breadth and depth of experience comes from coaching businesses through growth, maturity, expansion, renewal and exit stages.
Get the competitive advantage of a Tenfold Business Coach.
Explore how our knowledge and experience can benefit your established business ($1M+)
Long-range view and agile advice
Advice and plans for your business to progress and thrive over the long term.
Businesses of all types and industries go through the stages of the business life cycle as they strive to succeed.
Each stage has unique challenges, pressures and opportunities. The resources and activities of the business need to change to suit the current life cycle stage.
Strategies and tactics that are necessary in one stage will not be effective in another stage.
Only a business coach who has mentored businesses across the full business life cycle has the knowledge to predict what is coming around the corner.
At Tenfold, we know that the value of foresight beats the regret of hindsight.
Growth Stage of the business life cycle
Business coaching for the Growth Stage
As your business grows, so should your knowledge.
The challenge is to ensure that your knowledge is growing at a faster pace than the business, because a business is limited by what the business owner knows.
To support a business going through the growth stage of the business life cycle, the best option is one-to-one coaching to build your business acumen.
The business coaching services our mentors provide is like a business degree customised exclusively for you and your business.
Learn from the best to be the best and invest in your own business acumen.
Maturity Stage of the business life cycle
Business coaching for the Maturity Stage
A mature business benefits from reliable income and stable operations. But reaching maturity isn’t the end goal for business – there’s more to be achieved. And what got you here won’t get you there.
Many business owners come to Tenfold because they have outgrown their previous advisor who helped them in the early stages of business.
Our experience in working with mature businesses means we draw on advanced strategies to get more value for the business owners and equity holders.
Tenfold has the advantage of having “walked the walk”, so we know what it takes to keep a mature business active and delivering results.
Expansion Stage of the business life cycle
Business coaching for the Expansion Stage
Not every mature business should expand. Good profits can be made from a boring business. But if you believe that your business can do more and be more, then a Tenfold business coach will help you expand.
Starting with our proven model for analysing expansion options, we help business owners understand their options. Expansion can be achieved through a range of ways including new product/service and/or diversification, acquiring new customers in existing markets or expanding your reach to new locations.
Every business is different so there’s no one-size-fits-all template for expansion. Tenfold business coaches have real-world experience in helping businesses expand interstate, buy competitors and suppliers, take new products and services to market and enter new markets. We use that first-hand knowledge to assess the opportunity, risks, timing and cost/benefit and ROI potential for each expansion strategy.
Good planning leads to smart decisions and strong execution.
Renewal Stage of the business life cycle
Business coaching for the Renewal Stage
It takes guts to recognise that your business is at risk of underperformance. Especially if the business has been operating well for multiple years. The harsh reality is that a stale business is at risk of slipping into stagnation.
That’s where a fresh set of eyes from a Tenfold business coach can help. Because we work with business across industries, we see what’s on the cutting edge. We actively pursue innovative strategies from marketing tactics to new systems and staff engagement and recruitment.
Your Tenfold coach assesses the areas of your business need attention and what should be cut out. We map out a plan to give the business a new lease of life through strategies such as diversification, reposition, rebrand and reinvestment.
Harvest / Exit Stage of the business life cycle
Business coaching for the Harvest / Exit Stage
A Tenfold Business Coach can help you capitalise on your options in the harvest/exit stage of the business life cycle.
We develop succession plans so the owner can step away from the day to day running of the business. Our coaching can support the transfer of operations to a GM or executive team to be run under management.
This option is highly appealing to many business owners as it enables them to retain ownership of the business while receiving a passive income stream.
Other business owners want to harvest the wealth they have accumulated in the business by selling to a third party. To maximise the value, Tenfold business coaching focuses on positioning the business as a highly attractive acquisition to a buyer. We know what it takes to solicit the right price AND the right terms.
Whichever option you are considering to exit your business, the most important aspect is ensuring that you capitalise on the years of effort and money you have invested in your business. An experienced Tenfold business coach will guide you through the process and act in your best interest.
