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What We Do

Structuring Your Business for Profitability & Growth.

Structuring Your Business for Profitability & Growth.

Many entrepreneurs have technical skills, but lack all round business and financial knowledge to enable sustainability.

Platinum Black empowers these owners with the business skills that they need to create a sustainable, profitable business.

Platinum Black helps high growth businesses that have grown without a specific plan. Businesses that have lost focus and need to become focused once more and business owners who lack the requisite skills.

How can we add value to your business?

We show you how to effectively structure your business to make it grow. We empower you to take control of all your businesses' needs. We show you how to integrate Business Planning as one of the strategic imperatives of your business.

The need for Business Structure

  • Creates a solid foundation
  • Enables controlled and sustainable growth
  • Enables financial planning and reduces risk
  • Creates platforms for client retention
  • Creates happier and better performing staff

Who Are We?

A team of business experts with 20 years of experience helping entrepreneurs grow their businesses and ensure sustainability - but don't just take our word for it.

Contact Us

Business Blog

For thoughts, analysis, tips, tricks & tutorials - visit our business blog for our articles.

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Let's Meet

Ready to get started with platinum Black? Complete this contact request form and we will get back to you.

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The level of professionalism was fantastic. This was a GREAT process for us. Businesses in South Africa need this kind of Intervention

Barnes Senekal (MD – Peninsula Enterprises (Pty) Ltd)

Our Process

A Simple Process. 20 years in the making.

Our collaborative process comprises of four essential phases which are a Diagnostic, Intervention, Optimisation and Sustainability.

The Platinum Black Process

DiagnosticProcess_Icon_Diagnostic_50

The Platinum Black diagnostic focuses on the 8 Hats of Management (Human Resources, Information Technology, Research and Development, Operations, Administration & Finance and Marketing and Sales)...

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InterventionProcess_Icon_Intervention_50

The objective of the intervention is to structure each business area appropriately for the phase the business is in. If you have the wrong structure for your phase, there is a strong risk of business stress.

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OptimisationProcess_Icon_Optimisation_50

During the optimization phase we will monitor and evaluate key metrics appropriate to your business so as to ensure that all intervention initiatives are functioning optimally.

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SustainabilityProcess_Icon_Sustainability_50

For sustainability, Platinum Black also provides additional mentoring and coaching on a strategic level. This helps to further support the interventions, systems and process put in place.

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It forces us to look at the future of our business. It also gives us a plan and a documented process to go forward

The Directors – Audiovision Pty (Ltd)

 

 

Diagnostic

How well do you wear the 8 Hats of Management

The Platinum Black diagnostic focuses on the 8 Hats of Management (Human Resources, Information Technology, Research and Development, Operations, Administration & Finance and Marketing and Sales). It comprehensively assesses all areas of your business.

Table of Hats

 

On completion of the diagnostic an intervention phase may be entered into.

The objective is to structure each business area appropriately for the phase the business is in. If you have the wrong structure for your phase, there is a strong risk of business failure.

The diagnostic will identify your current phase and enable you to identify the action needed to create sustainability and growth.

The diagnostic is a collaborative process. It begins with an extensive questionnaire into each area (hat) of your business. Each area is assessed in terms of the risk of failure that it could cause to your business and is based on practical best business practice philosophy.

An action plan is generated. Implementation of the action plan can then be discussed.

Deliverables of the diagnostic:

  • During each session an objective and interactive discussions of the business will be held
  • Objective feedback will be provided
  • A report detailing the areas of risk in your business
  • A full financial ratio analysis, including interpretation and comments
  • A comprehensive financial fitness assessment of the business
  • A survey conducted with employees for their input
  • A prioritised project plan
  • A proposal for an intervention

Frequently asked questions

Where will the diagnostic take place? At business premises in a separate boardroom away from interference.

What will the estimated duration be for the diagnostic? On average the duration is between 4 – 6 weeks (includes 3 to 5 two hour sessions with owners/directors, depending on their availability and preference).

Which stakeholders will be involved? All key decision makers/owners/directors (all those responsible for the 8 hats).

There are things we know we should know, but are not at the forefront of our minds. This process does that. It forces us to look at the future of our business. It also gives us a plan and a documented process to go forward.

The Directors – Audiovision Pty (Ltd)

Intervention

The objective is to structure each business area appropriately for the phase the business is in. If you have the wrong structure for your phase, there is a strong risk of business stress. The diagnostic will identify your current phase and enable you to identify the action needed to create sustainability and growth.

2014-08-13_Aug_v2

Once an action plan has been collaboratively agreed upon, the Platinum Black team will collaboratively execute the intervention plan. We are passionate about transferring our knowledge in order to empower business owners with the skills they need to enhance performance. The final outcome of the intervention plan is a robust structure for your business that is appropriate for its life stage and that provides a solid foundation, enabling controlled and sustainable growth while reducing risk.

To scale one needs sound structure. We realise this now - thanks to not only; Platinum Black's diagnostic process, but also their enthusiastic insight in our business.

Pieter-Brink Truter

Optimisation

The Answer Is In The Numbers

During this phase we will monitor and evaluate key metrics appropriate to your business so as to ensure that all intervention initiatives are functioning optimally. If necessary certain adjustments will be made in order to ensure that your business has the systems and processes required to ensure controlled and sustainable growth with minimal risk.

It forces us to look at the future of our business. It also gives us a plan and a documented process to go forward

The Directors – Audiovision Pty (Ltd)

Sustainability

Platinum Black also provides additional mentoring and coaching on a strategic level. This helps to further support the interventions, systems and process put in place so as to ensure that they remain relevant and effective within an ever changing competitive landscape.

  • Outsourced General Manager
  • Non Executive Board Member
  • Skills Transfer
  • Corporate Governance
  • Funder Communications

It forces us to look at the future of our business. It also gives us a plan and a documented process to go forward

The Directors – Audiovision Pty (Ltd)

Billing Structure

Return on your investment

Project basis

Takes into account the total number of hours required to complete the project, the resources required as well as the level of services to be performed. A full quote is given up front.

Par example: Business turnaround and restructuring, feasibility analyses, business plans, cash flow management and business start up.

Monthly retainer

Ongoing monthly cost reviewed every 6 months.

Par example: keeping your business on track, outsourced general management or board membership

Hourly

Hourly rate dependent on qualifications of relevant personnel.

Par example: Hourly - ad-hoc reports, investigations, taxation advice, financial advice, partnership and shareholder advice, general business advice.

Fixed fee based

Determined in relation to fixed percentages.

Par example: Staff recruitment, insurance and financial planning

The rates charged by Platinum Black are competitive in relation to services offered by other professional firms and are available on request.

Note there is a high probability that much of the cost can potentially be claimed back from SETA against their skills development levies.

This journey has been memorable. Once again your contribution was empowering and a further testimony of your commitment to building capacity. Thank you…Thank you.

Lydia Jardine, Waste Want

Who We Are

More That The Sum Of The Parts

We are a team of business experts who are passionate to see entrepreneurs grow their business and ensure sustainability

We have 20 years’ experience consulting to entrepreneurs and business owners and have worked with over 500 clients across many industries. We structure businesses for sustainable growth and profitability. We are a level 4 B-BBEE contributor.


 

Our Vision

To be the leading Management Consultancy focused on entrepreneurial businesses in South Africa wanting to ensure profitability and sustainable growth.

Our Mission

We strive to achieve our vision by:

  • Delivering an exceptional level of service by putting the interests of our clients first
  • Making skills transfer to clients a core focus
  • Only employing passionate and highly qualified individuals who can make a positive impact
  • Holding both ourselves and our clients accountable for the successful completion of projects

Value Adding Process

The Platinum Black consulting approach is unique in that unlike traditional consultancies:

  • We work very closely with our clients within a framework that demands a continual commitment from both parties throughout the process.
  • Our unique diagnostic software helps to quickly identify the main risks within a business on the 80:20 principle, thereby minimizing the time (and cost) required to achieve the best results.
  • We emphasis active intervention and practical actions rather than report writing and an excessive number of presentations.
  • Our goal is to transfer skills and make ourselves redundant within your business in 6 months.
  • While we cherish our long-term relationships with clients, we do not try to lock ourselves into their businesses by making ourselves indispensable

List of services

  • Business Optimisation and Restructuring
  • Business Plans and Start-Up Advice
  • Business Risk Assessment and Reduction
  • Business Turn-Arounds
  • Business Valuations
  • Cash Flow Management and Budgeting
  • Commercialisation of New Ideas and Technologies
  • Management Support and Skills Transfers
  • The Sourcing of Investment and Asset Finance
  • Mentorship
  • Marketing Plans
  • Sales Plans

If you don’t build your dream, someone else will hire you to help them build theirs.

Dhirubhai Ambani

Our Team

Ian Reid

Head of Business Development

Ian founded Platinum Black in 1994 and has since held the role of CEO of the Platinum Black since its inception. With years of experience as a director and an entrepreneur, he also holds an MBA (UCT GSB) and a BCom (Management and Industrial Phsycology) from UNISA.

Jacques Niehaus

Senior Consultant

Jacques Niehaus holds an MBA from UCT (Cum Laude), a Post Graduate Diploma in Management (Wits Business School) and a BA majoring in Industrial Psychology and Sociology (University of Stellenbosch). He has a diverse professional background spanning 7 years in the Publishing, Construction and Media Production Industries within the Business Development, Operations, Marketing and Brand Strategy spheres.

Mila Loubser

Senior Consultant

Mila holds Master’s degree in Economics and Finance from one of the most prestigious universities in South Eastern Europe (University of Belgrade), and a BA majoring in Finance, Banking and Insurance (Faculty of Economics, Belgrade, Serbia).

Maybe You?

Associate Consultant

Team Platinum Black is always looking for like-minded, passionate, driven individuals with exceptional experience directly related to our service offering.

What could you measure? What would that cost? How fast could you get the results? If you can afford it, try it. If you measure it, it will improve.

Seth Godin

Are you next?

We have facilitated over 500 companies

Let Platinum Black's experience work for your business, a 20 year head-start if you will. Get started today. You will be in fine company.

PB-Friends_MarcusBrewSter
AudioVision
Sanccob
Durbell

PB-Friends_MicroSoft
PB-Friends_Sanlam

The problem when working with a coach isn’t that we don’t know what to do. The real problem is that we don’t want to change our mind.

Seth Godin

Contact Us

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Contact Details

Ian Reid: +27 (0)21 460 6311 Mila Loubser: +27 (0)21 460 6486 Fax: +27 (0)21 794 3556

Email Platinum Black

Physical Address

BDO Offices 2nd Floor, Block D The Boulevard Searle Street Cape Town 7925

Get Directions To Platinum Black

Postal Address

PO Box 810 Constantia 7848

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