Next Step Business uses a patented and proven process used under licence from the BStar organisation. This process is called Value Improvement Benchmarking Advice (VIBA).
The goal of this process is to:
- Establish the true value of your business and the key quantitative and qualitative business value drivers;
- Identify measures to improve your productivity, profitability, cash flow and value
- Measure the potential improvement that you can achieve;
- Implement strategies suggested by these measures;
- Measure the improvement in your business as a result of the implementation; and
- Protect the business value during and after the process.
The following flow chart provides you with an overview of the VIBA process.