Unfair Advantage - Blog

How to find out if change is worth it

25 May 2017 |

Category: Advice

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Author: Elisabeth Geake

There are moments (possibly several times a minute) in everyone’s business life when you know you need to make a change. But will it be worthwhile? What you need is a return-on-investment calculator. 

Everyone goes through life with a bag of potential changes nagging at the back of their minds. There are personal changes: (start a new hobby, get fit, learn a language) and then there are business changes. But we all procrastinate because change feels reeeeeeeally hard and we have no idea whether the results will be worth it. 

We talk to consultancies like this every day: great businesses who don’t have as much control as they’d like any more, and know that better software and processes will make a massive difference. However, nobody relishes the uncertainty of how much difference a change will really make, and how the inevitable disruption will affect their teams. Part of this cost/benefit analysis is looking at the likely return on investment (ROI). We’ve taken the hard work out of it by creating an ROI calculator for the consultancy software we created, based on the combined decades of experience that we and our customers have built up during our time in business.

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The calculator uses key information that you provide about your business - number of partners, number of consultants that work in-house or freelance, turnover, and how well organised you are already. It combines all this with industry norms and some rules of thumb. You can also feed in utilisation figures and the proportion of fixed price work you take on. 

You get back an estimate of: 

  • Increased profitability - some of our customers report a 25% uplift
  • Increase in business value - giving you more operating options and ultimately helping you sell the business
  • Time freed up for senior management - it can be several days a month, giving you choices about your time that you didn’t have before 

...all from using Metis to manage your consultancy. Take a look at the ROI calculator and see what Metis could do for you. 

If you’re sceptical or curious about how we made the calculation or what our assumptions were, we’d be happy to show you our workings - we’re at 020 3475 5165 (UK), 1-800-657-9306 (US), and hello@getmetis.com. 

What’s so special about Metis?

Metis gives you a view of your business that is very difficult to achieve with spreadsheets and standalone systems. It brings together key data, from time and expenses to your sales pipeline, and generates real-time information and insights with the least effort possible. We created it to fill a gap in the market for software for consultancies of 10-100 people. 

It can help you:

  • Spend more time with your team on the things that matter
  • Devolve responsibility without losing control
  • Focus on profitability without compromising the great work you do for clients
  • Lay solid foundations for strong growth
  • Get rid of a hotchpotch of spreadsheets and systems that don’t talk to each other 

It’s simple to use, beautifully presented and easy to adopt. Take a closer look at the features Metis offers, or get us to show it to you in an online demo tailored to your business.

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