Agribusiness, food & beverage Home
Bite Size Dealtracker
Food, Beverage & Agribusiness industry insights
Key insights for the Australian Food, Beverage & Agribusiness industry.
Consumer products & retail Home
GNC Group Consulting
The Technology Trap: Online innovation in retail
I recently attended the NRF Retail Big Show in New York, an overwhelming smorgasbord of retail technology and new store concepts.
Royal Commission wrap up
Top 10 things for Financial Services providers
Eleven months on from the first round of hearings for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Hayne’s final report has been released.
Health & aged care Home
Aged Care Royal Commission
Setting the tone for the Aged Care Royal Commission
Last week’s hearings for the Royal Commission into Aged Care Quality and Safety, introduced the leaders of some of Australia’s peak bodies, unions, consumer organisations and the Secretary to the Department, Glenys Beauchamp. In all 26 witnesses were called.
Life sciences Home
Biotechnology Industry Position survey
Australia's biotechnology industry drives economic growth
The 2019 Biotechnology Industry Position survey conducted by Ausbiotech and supported by Grant Thornton has revealed that new technologies across regenerative medicine and medicinal cannabis are disrupting the industry, and Australia's global strength in clinical trials continues to drive contributions to the economic and social fabric of the country.
Manufacturing Home
mid-sized business report
Manufacturing is critical to our economy – how can we support the sector?
Although the knock-on effects of the Australian automotive industry exiting our country are yet to be fully understood, the industry is evolving, and manufacturing continues to be a major employer and critical to our overall economy.
Not for Profit Home
NATIONAL OUTCOMES MEASUREMENT PROGRAM
A practical framework
Royal Commissions and federal budgets are critical things for Nonprofit human service providers to be thinking about at this point in time.
Real estate & construction Home
mid-sized business report
Supporting affordable housing requires planning, certainty – and tax reform
There is a lot of noise around the property sector at the moment – and it’s not all positive. Prices are down – but this shouldn’t be a surprise when some markets (namely Sydney & Melbourne) saw unprecedented hikes in recent years.
Scaling-up for Growth
From start-up to scale-up
Navigating the complexities of growth and maintaining previous success is a challenge for all mid-size businesses.
- Case study: Dealing with uncertainty
Businesses today have access to an unprecedented raft of data and information on which to base decisions.
Increasingly, however, this is complicating rather than clarifying matters for clients who want to grow their business. How best can businesses harness this wealth of information to support their continued growth?
Grant Thornton was recently engaged by a private health and aged care provider to help implement their Strategic Plan, which focused on new capital investments. The client had opportunities for growth but lacked the supporting evidence to commit the required investment. The evaluation of these opportunities was being ‘muddied’, as different pieces of information reflecting the drivers for growth supported a number of different investment directions.
Our team performed a market analysis of the business conditions at a Local Government Area (LGA) level. The team accessed multiple and sizeable data sets from the Australian Bureau of Statistics, the Australian Institute of Health and Welfare and other industry sources to develop a detailed and clear profile of business conditions for each LGA under consideration.
Factors considered included:
- Competitor analysis
- Potential consumer numbers and forecast trend
- Market movements in the aged care and real estate sectors
- Excess demand
- Income and capacity to pay
The results of the market analysis provided:
- A complete and clear picture of the key factors driving opportunity
- Certainty of future investment
- Board and management confidence to implement the growth strategy
Our team provided a detailed report outlining the market analysis performed, providing the client with clarity and areas for consideration. Armed with the information, the board were able to commit to investing in the best growth strategy to suit their risk profile, and management were able to adopt and implement the investment strategy.
When faced with uncertainty the Growth Advisory team can provide you with the expertise you need to support your growth strategy, saving you time, confusion and risk.
For more information, please contact:
Phil Pareezer
Managing Consultant - Growth Advisory
phil.pareezer@au.gt.com
0437 308 245
