With many things always changing in business today, SME's face many challenges. From competition to changing customer expectations, to all the disruptions that come from technology, it is a world that demands so much adaptability to not only survive but to thrive. Many SME's do not have either the internal capabilities or expertise to create a growth strategy or other pathways for growth into the future. Taking the time to consult with a business consulting expert facilitates growth strategy discussions and decisions, implements business performance improvement recommendations, and helps develop adaptable leaders based on your business's unique needs and context.
At Akrisha Management, we recognize the challenges of SMEs and have a depth of business consulting experience and services specifically for assisting SMEs in overcoming their challenges and accelerating growth. When SMEs work with Akrisha Management, the benefit is their ability to take away many of the unknowns related to strategy and actions, and utilize many of the SMEs greatest assets - their staff, colleagues and members - to assist in producing strategic insights, improved operations, and developing leaders that suit the business and market.
Let's consider some ways a business consulting firm can positively accelerate SME growth in 2025.
One of the biggest barriers for many SMEs is having a clear understanding of a long-term vision and strategy. If there is not a clear pathway then decision making slips into reactive rather than proactive approaches and money and time will be wasted on things that are not priority activities.
It is the job of strategic business consulting to help SME business leaders probe and formulate a clear and actionable business strategy. This involves assessing the strengths of the organization, opportunities in the market, the competitive landscape and the capabilities within the organization in order to determine a suitable plan of action. At Akrisha Management we can help you establish achievable goals and objectives, while aligning the team around a common purpose and ultimately help create a roadmap to achieve your desired future growth outcomes.
A well-formed strategy should act as a guiding compass for the whole organization where every department and individual can understand their role and responsibilities. In this way, you can coordinate better, make better decisions more confidently, and ultimately grow sustainably over time.
Ineffective processes and out of date workflows can limit the overall capability and business growth potential of SMEs. Time-consuming manual tasks, unclear roles and responsibilities and poor and ineffective communication pathways can often lead to missed deadlines, disengaged employees and unhappy customers.
Akrisha Management can assist with business consulting in reviewing your existing operations to determine bottlenecks, issues, and inefficiencies in your operations, while supporting your team to implement new streamlined workflows, effectively incorporate workflows and automation wherever possible, and restructure your teams and staff for optimum productivity.
For example, we may suggest using digital project management tools, in order to improve interoffice collaboration, or redesigning your supply chain process with the aim of speed, reducing costs, and most importantly eliminate or minimize delays. Taking these steps observe that reproducing operational efficiencies not only saves time and money for businesses, but implements a scalable infrastructure to run with higher volumes of business without compromising quality, or more importantly customer satisfaction.
Typically where most SMEs fail is financial mismanagement. Financial mismanagement can lead to a cash flow crises with expenses exceeding your budgets and putting pressure on margins even though there are avenues for sales and business profitability.
Akrisha Management as part of their business consulting services can help businesses implement financial planning that will provide insight into subsequent income, expenses, and capital requirements which are all essential financial obligations going forward. Akrisha Management can assist SMEs effectively implement budgeting frameworks & processes that suit their business model and allow the business the ability to take greater control of spending and more accurately predict future income.
In 2025, wrapping your head around digital transformation is not optional for any SME looking to remain competitive. Moreover, a good SME generally provides one or more products or services, which means that digitisation cannot merely be implemented for the sake of it, as poor adoption can be wasted investment and potentially extremely confusing for employees.
When commencing any business consulting introduction we generally assess your digital capabilities and your business objectives. We will then suggest applicable technology solutions that make sense from a cost-benefit perspective, are easy to deploy, and align with your growth choices. This includes a mix of customer relationship management (CRM) platforms or cloud generated collaboration services, online data analytics tools or marketing automation systems.
By appropriately implementing the right digital services, SMEs can enhance their level of customer engagement and their operational efficiencies and also gain intelligence which can enable them make more informed business decisions. At Akrisha Management, we take ownership and pride in the transition to digital services once approved and provide assurance that we aim to enhance your business overall.
Studies have shown that SMEs trade in an increasingly cluttered marketplace, so SMEs need to be capable of articulating their value clearly to get noticed and tell their story to their customers. However, many small business owners struggle to articulate their value to the consumer market.
Our business consulting & advisory services help small and medium-sized enterprises define their customers and fully understand customer or client wants and needs, build an engaging brand message, and recommend channels to the appropriate customer (social media, content marketing, emails, paid marketing, etc.).
Additional to helping firms brand and market their business, we emphasize how important it is to measure the performance of the marketing outputs so firms can track what is and what is not working; and be able to adapt campaigns using informed decisions based on marketing data. Measuring marketing is a key factor in ensuring SMEs receive the best possible ROI of their marketing and investment on building a brand, ultimately increasing brand pull, to support sustainable growth.
Business consulting is more valuable than ever in 2025 for SMEs that want to grow effectively and stay competitive. When you work with Akrisha Management, you gain a trusted adviser who understands the challenges you face and designs solutions to ensure your success.
Whether it is developing strategies, making operational improvements, financial formulations, leading your team or assisting project outcomes, Akrisha Management's business consulting services offer your SME the foundational offerings for success.
Personalized consulting focuses on tailoring strategies to the specific needs, goals, and contexts of individual businesses, as opposed to applying generic solutions.
Digital transformation enables SMEs to enhance operational efficiency, reach broader markets, and stay competitive by leveraging modern technologies.
Data analytics provides SMEs with insights into customer behaviors, market trends, and operational performance, facilitating informed decision-making and strategic planning.
Consultants help SMEs understand and navigate regulatory requirements, ensuring compliance and reducing the risk of legal issues.
Consultants encourage a culture of innovation by introducing new ideas, facilitating creative problem-solving, and implementing agile methodologies that allow for rapid adaptation to market changes.