Riverfront Business Consulting and Coaching

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Riverfront Business Consulting and Coaching

Riverfront Business Consulting and CoachingRiverfront Business Consulting and CoachingRiverfront Business Consulting and Coaching
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  • What People Are Saying
  • Blog

Business Operations Consulting

Bridging to Your Success

Bridging to Your SuccessBridging to Your SuccessBridging to Your Success

Realize your business potential with innovative operation solutions and expert advice.

Welcome to Riverfront Business Consulting

The Common Pitfalls of Business Operations

The Common Pitfalls of Business Operations


Did you know 10% of startups fail within their first year and a staggering 80% do not make it past five years?   The primary culprit? Cash flow problems. Many of these failures can be traced back to inefficiencies in business operations and process breakdowns.  Our goal is to provide sustainable solutions for your business operations chal


Did you know 10% of startups fail within their first year and a staggering 80% do not make it past five years?   The primary culprit? Cash flow problems. Many of these failures can be traced back to inefficiencies in business operations and process breakdowns.  Our goal is to provide sustainable solutions for your business operations challenges thereby turning them into opportunities leading to increased revenues, profits, and cash flow. 

The Common Pitfalls of Business Operations

The Common Pitfalls of Business Operations

The Common Pitfalls of Business Operations

  

When most people hear the words “cash flow”, they think it’s all about money. It could also be a symptom of deeper operational challenges which need to be addressed. Inaccurate supply and demand forecasting, excess inventory, and disjointed supply chain processes can drain resources and stall growth. Here are a few common pitfalls:


  1. Poor 

  

When most people hear the words “cash flow”, they think it’s all about money. It could also be a symptom of deeper operational challenges which need to be addressed. Inaccurate supply and demand forecasting, excess inventory, and disjointed supply chain processes can drain resources and stall growth. Here are a few common pitfalls:


  1. Poor Demand Forecasting:  Without an accurate understanding of customer demand, businesses  overproduce, tying up valuable capital in unsold goods.
  2. Excess Inventory:  Whether due to inaccurate forecasting or inefficient stock management, excess inventory takes up space, adds costs, and can lead to product      obsolescence.
  3. Process Inefficiencies:  Inadequate communication between departments or lack of process standardization can result in operational bottlenecks, missed      opportunities, wasted time and resources, and a lack of trust in systems. 
  4. Inability of Workplace Tools to Communicate: The lack of communication between tools, techniques, and software can lead to time and resource management issues, inaccurate inventory levels, and overall employee frustration with company systems. 
  5. Lack of Organizational Change Management: Discord occurs when change is not communicated appropriately, and employees are forced to blindly accept change without understanding      the “why” behind the change. Lack of understanding among employees leads to low morale and resistance. When employees are not happy this translates directly to negative customer experience. 

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Email: mary@riverfrontbusinessconsulting.com Phone: 914-260-1075

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