How we work
Stellar’s mission is simple. Help business owners and leaders improve their business asset.
The business world is packed with advisory firms chiming on about how things could start looking up. Stellar is different. Instead of a pure coaching approach or by-the-hour reporting, we create a tailored programme focused on whole business upskilling through the best combination of advisory, consulting and coaching. We focus on assets – not just revenue and profit. And we bring the buy-side perspective that reveals where the real value lies.
We understand that all business owners long to have choices when it comes to their business.
The result?
The energy in the business becomes much calmer
The people in the business become more aligned
Better informed decisions are made for improved commercial and cultural performance
These are some of the essential elements behind the success that business leaders enjoy when they Consult Stellar.
Coaching and Consulting
Growing your business is as much about your development — and your team’s — as any other aspect. That’s why Stellar uses a hybrid approach of consulting with a coaching overlay. By guiding and teaching your team as they position for further growth, you become a business not only prepared for immediate success, but a business with a solid foundation to rely on long-term.
Development… For You and Your Business.
Some consultants aim to fix and change everything on their client’s behalf. Stellar takes a different approach – working to teach the business both the soft and hard skills. This enables clients to grow with their business, ensuring they are better positioned to manage the next phase. By coaching and developing you and your leaders — and where possible, the entire team — your business is prepared not just for the immediate phase of growth, but for the foreseeable future.
A Focus on Assets, not only Profit and Loss
The obvious focus of most business is profit and loss, yet while important, the largest gains are often found in the business asset itself. That’s why Stellar consultants look at your business with an investor focus, and aim to build your asset’s value above everything else.
Structured Sessions
All meetings are booked in advance and accompanied with agendas and necessary documents well ahead of time. This is just one of the many ways Stellar aims to instil a structured approach to your growth.
Whole Business Upskilling
Beyond your own personal development, Stellar aims to coach and upskill everyone in your business with the abilities they need to reach high performance.
That means you’re not left to upskill your team by yourself, saving you the time and effort that training would normally take.
Regular Monthly Coaching
As part of a retainer arrangement, regular monthly coaching gives you the opportunity to reinforce and review what you’re learning, as well as identify new areas to build on. You can also reach your consultant at any time outside the monthly session – they are there to answer your questions and to act as your sounding board when challenges arise.
Proven Growth Systems
With Stellar’s IP and expertise, you will access business systems and models used for short-term improvements, such as strengthening relationships with clients and suppliers. The methodologies will also help you maximise your asset's value over the coming months and years, providing a balanced mix of immediate and longer-term gains.
The “AND” Approach to Growing Business Value
Most basic valuations will look at a formula of profit x the industry benchmark multiple. What few businesses realise is that there is an opportunity to not just effect the profit, there are also known factors that can influence your multiple.
Looking at the graph here, this company is currently making $2M profit. Their industry multiple is 3.0x - placing a value of $6M on the company.
By increasing profit to $3M, simple maths shows their value increases to $9M.
Yet if they make adjustments to their multiple (to 5x) and their profit, their potential value increases to $15M.
We look at factors that can effect profit and multiple with our client strategies.
Unrivalled Coaching
“Seeing people evolve and develop, to me, is a greater satisfaction than profit. Building sustainable profits will however, allow me to provide a place people want to stay and others want to join. I am comfortable that Stellar have helped me with this and will continue, into the future”.
Vincent Siciliano, CEO - LJ Hooker Commercial, Perth AU