Wade Kent, Blue Sky Outdoor's owner and 2012 BCCI awards winner, is thrilled that he finally got to stretch his wings and operate from larger premises. The business had out-grown its previous location which prompted the move to a larger retail site. Now recently relocated, the new shop places his business at the gateway to Ballina.
In the eight years of owning Blue Sky Outdoor, the business had grown substantially prompting Wade to look at his options. Collins Hume's Shane Bartrim
offered our business optimisation service to help show the financial impact of the decision to move before doing so. For Wade this included working on some projections and looking at some 'what-if' scenarios.
Initially Wade said to Shane, "I want to go to the next level looking at new premises and other options". Shane was a little surprised given the current climate, but Wade's gut feeling together with the slowing of his business growth (termed as 'just treading water') only added weight to Shane's approach, "Shane understood that I was feeling restricted, so his scenario planning really helped," Wade says. "He knew where I was coming from and it was extremely useful to throw in 12-month and 3-year outlooks."
Wade said he found it beneficial to 'what-if', "We had a rough idea, but Collins Hume definitely helped by having the strategy and finances plotted out in advance." Read more…