This month, Lachlan Francis of Pubs & Clubs Australia gives his personal testimony following a full year of Advanced Business Mentoring with Dan
Q1. What type of business are you in?
A. Pubsclubs increases profits in pubs and clubs by reducing their operating
costs and increasing their turnover. We are very good at delivering
substantial value to our clients and whilst there is irony that DFI
essentially performs the same business orientated tasks that we do with our
clients, it demonstrates that all businesses require fine tuning and that
the smart business owners seek and surround themselves with professional
expertise.
Q2. What made you decide to enter your current business and what were the
initial challenges just prior to your working relationship with Dan?
A. The business was established eight years ago, recognizing that there was
a niche in providing web marketing services to the hospitality industry. The
expansion of the business in providing the additional services meant that we
had to automate many of the processes to achieve efficiency in servicing the
clients and the clarity and focus provided by DFI assisted in achieving
this.
Q3. What has been the main impact in your business following your
collaboration with DFI?
A. Few businesses dedicate the time or resources to undertaking a high-level
overview of their business. The process with DFI was integral in recognizing
the main flaws relating to pricing, the sales approach and the communication
process with clients. Correction of these key business fundamentals has had
an immediate effect on the bottom line that has already fully subsidised the
DFI Management fee.
Q4. What were the greatest benefits you received personally during your
mentoring sessions?
A. For a small business owner, having a structure that provides continual
focus on the key tasks to ensure the business drives forward to achieve the
set goals rather than being absorbed and lost in the day to day operations
cannot be underestimated and is the biggest benefit. Being able to achieve
these business goals will for me ensure greater flexibility and enjoyment
outside the business arena.