This business was established in 2014 as a single man operation and has grown to a small team of three search marketing consultants offering ongoing support to select clients. The business is a boutique type operation created to solve a gap in the market for a “specialist search engine optimisation services” and this is its biggest strength. The business specialises in this service and has built a reputation for delivering great results which is reflected by their client retention rate and word of mouth referral.
Key Points:
- Current team is fully trained in this field with excellent research, technical and copywriting skills.
- Business has seen steady growth with turnover increasing between 25% - 30% Year on Year.
- Employees are responsible for 80% of project delivery, project management and client
- reporting as well as account management and communication with existing clients.
- Owner works 20 – 25 hours a week
- The staff operate remotely which allows for flexibility for owner and staff.
The owner currently operates from a private office on a monthly arrangement, however this is the owner’s choice as the business can be managed 100% remotely from home or elsewhere.
Growth Opportunity
'Additional sales/marketing is the biggest opportunity for this business'.
While the business has seen steady growth without the need for a lot of marketing, additional growth opportunities include;
- Additional marketing
- Expanding services to existing client base.
- Targeting business that are still largely in their digital marketing infancy.
- Capitalise on the growing trend of businesses investing in digital marketing vs traditional methods.
- No geographical boundaries for offering these services.
- This business would benefit from business development/sales focus to accelerate growth beyond current trajectory.
The ideal owner of this business is someone who has sales/marketing or business development skills who wants to get involved full time in the business and add value to the already successful team. Alternatively, it could be a purchaser who is looking for a more passive role, working part time as the current owner does for an impressive return. Thirdly, this business could be an acquisition for a larger company.