Management consulting, or business management consulting, is where firms or individuals help businesses better manage themselves. This profits the business by improving the revenue and performance of the business. How does it work? Well, the core aim of all the processes involved in business management consultancy is observing the existing structure and functioning of a business. This needs to be a thorough analysis and the processes or the method to tackle the problem for various businesses differ by kind to kind. The analysis helps to figure out the common problems, hard-to-find problems, and the latent necessities that need dire attention. Further, management consulting is also used to chart a better course for the business’ future. In other words, strategies, short-term plans, and long-term goals are set for the business aimed towards overall improvement of the various segments from the processing to the distribution and everything in-between or outside the realm. Lance Burstyn has years of experience in planning for businesses and he understands core business needs on the first observation of internal working patterns and through a short employee interaction session.

Lance Burstyn net worth has spiked in the recent months mainly due to his expertise as a business management consultant and coach. He has studied countless businesses by now and is equipped with loads of information and strategies that help businesses attain short-term growth for sure. That growth then translates into profit, which is further used to fuel future endeavors and investment into long-term decision-making and business-planning that Lance Burstyn does with more leisure and flexible timing.

As a business management coach, Lance Burstyn has primarily helped small business owners, startups, and budding entrepreneurs. He is now equipped with a skillset that can work as an efficient tool for mining core information that will take years of analytics and research to be figured out for a comparative study.

Making comparative spreadsheets is the primary strength of Lance Burstyn as a business management consultant and coach. He also derives a lot of information with the top competitors that are scaling in their revenue as well as the top losing competitors to understand what the risk factors or reasons for failure in the client’s industry might be.

Lance Burstyn essentially makes the comparative spreadsheets that help him out for his further planning. Consulting businesses for spiking their revenue and improving their overall functioning and performance is a daunting task but one that he handles with exquisite expertise. From promotions to distribution channels and branding changes to backend problems – he goes over it all to provide you with meaningful insights. If you act upon them within the suggested timeframe, you will benefit considerably. All the insights and strategies took together, you won’t need more than half a year to significantly scale ahead of the toughest of competition in your industry or raise your revenue to unimagined levels.

One very important detail in this regard is industry best practice and transfer of best practices. Let’s explain both of these so that you have a better understanding of what to expect from business management consulting and coaching.

First of all, because a business management firm has ties with multiple organizations for data and multiple businesses as part of their clientele, they know the “industry best practices.” These are essentially tasks or operational changes a business can easily do or strategies a business can easily deploy that are 99% sure to work in the favor of the said business because everyone else is doing those and benefiting from those.

Now, the more important aspect is the transfer of best practices. Even in the same industry, these best practices might not be similar for two businesses. The specific nature of a business makes it almost impossible for best practices of the industry to be copy-pasted without any change. This is where personal expertise kicks in. Lance Burstyn specializes in finding out key points and correctional changes that can be applied to the industry best practices for each business to provide a more personalized methodology that maximizes business performance without compromising on anything.