ROI Advisory

We make owner-operated businesses more profitable.

Blue-chip consulting method, sized for the middle market — owner-operated businesses under R1bn in revenue. Fixed scope, senior delivery, and work you keep.

15+Blue-chip operations
worked inside
$1bn+In improvement
identified
$150m+Converted to recurring
annual benefit
10+Rapid diagnostics
run in 2–5 weeks
Who we serve

Owner-operated businesses, under R1bn.

The person who decides is in the building. There's no head office to consult, no group function to align, no investment committee to convince. You want an answer you can act on this quarter, not a mandate that takes six months to award.

That's the whole market we serve, and it's why the work looks the way it does.

R50m–R500mTypical revenue
Owner-operatedThe decision maker is in the room
GrowingTop line up, margin flat or falling
Stretched financeNo CFO, or one doing three jobs

You decide, not a committee

Founder, owner or MD. A call gets made in one meeting, not carried through three layers of governance.

Real operations

Distribution, manufacturing, logistics, healthcare, franchise networks and field services.

Lean finance function

No CFO, or one already stretched across three roles with no capacity to build models.

Margin under pressure

Growing on the top line, thin or unpredictable at the bottom, and out of easy answers.

Annual revenue Where we work
R10m R100m R500m R1bn Listed

The middle market is served badly at both ends — too big for a bookkeeper, too small to be worth a global firm's attention. That gap is the entire practice. Larger corporates and listed groups need a full engagement team on site for months; tell us on the call and we'll introduce you to a firm set up for it.

Where we come in

Five levels of operational maturity.

Businesses climb these in order, and skipping one never holds. Find yours — it tells you what comes next.

Level 1

Firefighting

You run off the bank balance

Accounts are late. Problems get handled as they land.

Fix the ledger firstA clean chart of accounts beats any model. We'll point you to someone.
Level 2

Reporting

You know the total

Monthly accounts arrive and reconcile. Cash still catches you out.

Cash modelA rolling 13-week forecast your team runs weekly.
Level 3

Visibility

You know the parts

Margin by customer, product and site is clear. What to do about it isn't.

DiagnosticCost traced to cause, the constraint priced, every fix on a numbered list.
Level 4

Control

The numbers move weekly

Targets are owned. Benefit shows up in the accounts, not in a deck.

Delivery PMOOwner and date on every line, weekly meeting chaired, benefit reconciled monthly.
Level 5

Optimised

The business runs itself

Forecasts hold. Outsiders can interrogate the numbers and they stand.

Automation and AIThrough our partnership with Da-rter, the routine work runs without people.
The diagnostic

Three to four weeks to size the whole opportunity.

The bulk of what we do, and the entry point to everything else. Six analyses run in parallel off data you already have. Each one produces a specific artefact, not an observation.

Margin and cost-to-serve

Revenue and cost traced to the customer, product, job or site that caused it, with overheads allocated to the work that drives them.

Produces · every line in the business ranked from best margin to worst

Constraint and throughput

Capacity, cycle times, utilisation, changeovers and the queue in front of each step, modelled end to end to find what actually caps output.

Produces · the bottleneck named, and what an hour of it is worth

Downtime and loss

Planned and unplanned downtime, rework and scrap built into a loss tree, split by cause and by owner rather than by department.

Produces · a ranked loss tree with the recoverable share sized

Price, volume and mix

Last year to this year pulled apart into the three things that moved it, with discount leakage measured by customer and by rep.

Produces · a margin bridge and a rebuilt discount grid

Cash and working capital

Debtor days, creditor days and stock cover modelled off actual behaviour, not policy, and translated into the cash each one ties up.

Produces · a rolling 13-week forecast your team updates

Initiative sizing

Every fix the analyses surface, costed against doing nothing, with the effort, the risk and the assumption behind the number written down.

Produces · a numbered action list with rand value, owner and date

Runs off exports you already have — trial balance, sales ledger at line level, payroll, stock, age analyses, and whatever operational records exist. Messy is expected. If the data can't carry a model we'll say so on the call rather than take the engagement.

How the diagnostic runs

Six hours of your time in total — two for handover and the walk of the operation, one mid-point call to agree what gets modelled, one validation session with your operators, and two for the decision session where you sign the list. Everything else happens off your desk.

Week 1 · Days 1–5

Mobilise

  • Data pulled and reconciled to the trial balance
  • Walk of the operation, front to back
  • Baseline months agreed in writing
Baseline signed off
Week 2 · Days 6–10

Model

  • Cost allocated to cause, line by line
  • Capacity and cycle-time model stood up
  • Loss tree assembled from downtime records
Model, first cut
Week 3 · Days 11–15

Validate

  • Findings checked against the people who do the work
  • Outliers chased to root cause, not written off
  • Assumptions written down and challenged
Findings proven on the floor
Week 3–4 · Days 16–18

Quantify

  • Each opportunity costed against doing nothing
  • Effort, risk and dependency scored
  • Sequenced into what pays first
Value pool sized
Week 4 · Days 19–20

Commit

  • Two-hour session with you and your team
  • Owner and date agreed on every line
  • Model handed over with a recorded walkthrough
Signed action list
Day 60

Re-baseline

  • Progress checked against the list
  • Benefit reconciled to the accounts
Benefit reconciled
Delivery

Most diagnostics die in a drawer. The PMO is how ours don't.

A part-time PMO that runs the action list to completion. One tracker, one meeting, one baseline, and benefit reconciled to the accounts rather than claimed on a slide.

EVERY WEEK 60-minute standing slot MONDAY Tracker updated Every line moved, or explained New risks flagged before the meeting TUESDAY · 60 MIN Meeting chaired Behind · on track · blocked Decisions taken in the room SAME WEEK Blockers cleared Escalated to whoever can move it Closed or re-dated, never ignored THURSDAY Owners confirmed Next week's commitments agreed Tracker locked for the week MONTH END RECONCILIATION Benefit checked to the P&L Claimed benefit matched to the accounts Variance explained line by line One-page report for owner, board or lender EVERY QUARTER Gate review Initiatives re-sized against the baseline New opportunities enter the same tracker Our days per month reviewed, usually reduced ONE BASELINE · ONE TRACKER · ONE NAMED OWNER PER LINE · NO PARALLEL REPORTING

Built to be handed over

From around month six your finance or ops lead runs the tracker, chairs the meeting and writes the report, with us in the room rather than at the front of it. If we're still running it in year two, something has gone wrong.

What you get

Results, and the tools to keep delivering them.

The engagement delivers a number. What stays behind is the machinery that keeps delivering it — the plan, the tracker, the reconciliation and the model, all built from your data and handed over unlocked. The examples below are from a distribution business.

01 — The delivery planInitiative gantt, sequenced by payback
M1M3M6M9M12 Reprice bottom 40 customers Debottleneck the pack line Fix discount authority Cut cover on slow SKUs Consolidate two depots GATE 1GATE 2 Cumulative benefit
02 — The tracker
INITIATIVEVALUEOWNERSTATUS Reprice bottom 40 customersR2.1mSales On track Debottleneck the pack lineR4.8mPlant On track Fix discount authorityR1.3mSales Blocked Cut cover on slow SKUsR5.8mSupply On track Consolidate two depotsR3.4mOps Scoped TOTAL COMMITTEDR17.4m
03 — Benefit, reconciled
M1M10 Committed Landed in the accounts
04 — The modelUnlocked, formulas visible, yours to keep
INPUTS Sales ledger Job cards / run sheets Payroll and shifts Stock and delivery logs DRIVERS Cost allocation rules Line speed and downtime Price, volume, mix Stock and debtor cycle OUTPUTS Margin per customer Cost per delivery drop Line capacity and loss 13-week cash
Packages

Three ways to start.

Each is a fixed scope with a fixed fee, agreed in writing before any work begins. Every one ends with a model you keep, unlocked, and a walkthrough recorded for your team.

Start here

Diagnostic

3–4 weeks · 6 hours of your time

Where profit is made and lost, what's capping throughput, and what each fix is worth. Everything else follows from this.

  • Margin by customer, product, job and branch
  • Cost-to-serve with overheads allocated to cause
  • Constraint named, quantified and priced
  • 13-week cash forecast
  • Price, volume and mix bridge
  • Numbered action list with rand value, owner and date
  • Model handed over, plus a 60-day review

After the diagnostic

Delivery PMO

3 to 6 months · one to two days a week

The action list run to completion, with benefit reconciled to the accounts rather than claimed on a slide.

  • Baseline fixed in writing before work starts
  • Single live tracker: value, owner, date, stage, status
  • Weekly delivery meeting chaired
  • Blockers escalated the week they appear
  • Benefit reconciled to the P&L monthly
  • One-page monthly report for owner, board or lender
  • Full handover to your team at the end

Under pressure

Turnaround

12 weeks · intensive

For an operation losing money, in covenant breach, or heading there. Cash first, then structure, then discipline.

  • Cash controlled and a 13-week runway agreed in week one
  • Loss-making customers, products and sites identified
  • Cost base reset with each cut quantified
  • Capacity rebalanced to real demand
  • Weekly plan with owners, dates and a tracked baseline
  • Lender and shareholder reporting pack

Due diligence, new markets and raising

Buying a business and need the numbers stress-tested before you commit. Entering a new region, channel or product line and need the case built properly. Raising debt or equity and need a forecast that survives questioning. We build the model and sit with you through the interrogation — the transaction itself stays with your corporate finance adviser, auditor or attorney.

Due diligence supportBuy-side or vendor. Quality of earnings, forecast stress-testing, synergy sizing.
New market entryDemand sizing, cost-to-serve in the new geography, break-even and exit triggers.
Raising supportDriver-based forecast, use of funds, and a dry run of the hard questions.
Where it ends up

The diagnostic becomes your execution engine.

The point isn't a project that finishes. It's that eighteen months later the tracker is in your budget cycle, the meeting is in your calendar, and someone in your business owns it. That transition is designed in from day one.

MONTH 0 Diagnostic Value pool sized. Action list signed. MONTH 1–6 Delivery PMO We chair the rhythm. Benefit hits the P&L. MONTH 6–12 Handover Your lead chairs it. We attend, not run. YEAR 2 ON Business as usual In the budget. In the calendar. ONE BASELINE, CARRIED THE WHOLE WAY SAME MODEL · SAME TRACKER · SAME NUMBERS

Benefit is written into the budget

Every initiative that clears its gate goes into next year's budget as a committed number, in the cost centre that owns it. That is what stops a saving being celebrated twice and delivered once.

The meeting becomes your meeting

The weekly review moves into your management calendar and merges with the meetings you already hold. New initiatives enter through the same tracker rather than starting a parallel process.

A named person takes the chair

From around month six the finance or ops lead runs the cadence and we sit in it. The role is theirs before we step back, and it is written into their objectives.

The model joins your planning cycle

The same model is used for the annual budget, the capex case and the monthly review, so one set of assumptions runs the business instead of three that disagree.

Retained support — we stay in the engine

After handover we stay on the inside of the rhythm rather than dropping to a monthly catch-up. We sit in the delivery meeting, keep the model current through your budget and forecast cycles, size new initiatives as they come up, and hold the benefit reconciliation honest against the accounts. Scoped by days per month, reviewed every quarter, and structured so it can be reduced as your team takes more of it.

Technology partner

Not every fix is a decision. Some of them are software.

A diagnostic regularly lands on something discipline can't solve — a report rebuilt by hand every Monday, a schedule set on instinct, a process that only works because one person remembers it. That work goes to Da-rter, and we stay on the numbers.

In partnership with
Da-rter

Da-rter builds operational systems into established mid-market businesses — taking the day-to-day work off paper, running the repetitive parts automatically, and putting live numbers in front of the people who need them.

Next.jsSupabasePythonPower BILLM agentsAPI integrations
da-rter.com
The Da-rter value chain
01DigitisationWork off paper and spreadsheets, into one shared layer
02DataThe grind runs itself, writing context back as it goes
03InsightLive numbers, exposed risk, questions answered in plain language
04ActionThe next step proposed, and taken under your rules
ROI Advisory

Finds it, sizes it, proves it

Which manual process is worth automating and which is cheaper left alone. Nothing gets built before it has a number against it and a payback we both believe.

Da-rter

Builds it, runs it, hands it over

Reporting that assembles itself, workflows that run without chasing, and agents that act inside rules you set and can audit.

Two separate companies, engaged separately, invoiced separately. We'll make the introduction and stay on the numbers side. You're never obliged to use them, and we'll work alongside whichever provider you already have.

Track record

We have done this before, at scale.

These engagements ran inside operations many times the size of the businesses we work with now. The numbers were bigger. The analysis, the models and the delivery discipline are exactly the same ones you get.

ConstraintMulti-site producer
Three plants

$100m+

Throughput improvement identified across the three largest sites. A complete bottleneck model for each site showed the cap sat in two upstream steps, not where management had been spending.

What we did: end-to-end bottleneck model per site, debottlenecking plan for the two capped processes.

TurnaroundIndustrial operator
Multi-shift

$53m

Annual recurring benefit from a full production and engineering reset — shift structure redesigned, spares readiness fixed, and mean time to repair cut by putting workshops closer to the work.

What we did: shift redesign, spares readiness, satellite workshops, live performance reporting.

Delivery PMOMajor capital project
$300m build

80 days

Commissioning pulled forward by 80 days, worth $50m, by shortening the critical path, tracking every long-lead item live, and managing contractor readiness before crews mobilised.

What we did: critical-path reduction, live materials tracker, contractor readiness gates.

Operating rhythmBulk logistics operation
Rail-linked

+19%

Nineteen percent more volume dispatched within four weeks. Reporting and a management operating system were built at every level of the organisation, and loading time per load fell 12%.

What we did: KPI tree by level, review cadence, loading-time analysis, live reporting.

Warehouse & logisticsField services operator
Remote sites

$11m

Annual recurring cost taken out of offshore logistics and warehouse operations, with a live model tracking where every item physically sat so material stopped being lost and reordered.

What we did: logistics planning redesign, warehouse operating model, live material tracking.

ThroughputProcessing operation
Plant and feed

$37m

Improvement initiatives sized by modelling plant and upstream performance together, which isolated the downtime and cycle-time losses actually worth chasing from the ones that looked bad but cost little.

What we did: integrated performance model, loss tree by cause, initiative sizing.

Investment caseTwo-asset group
Expansion case

19% → 27%

Expansion IRR lifted from 19% to 27% and over $10m identified to keep both sites operating, through a full asset-life model built across every revenue and cost lever.

What we did: full asset-life model, six IRR scenarios, sensitivity to yield and market price.

Capital decisionHeavy fleet operator
Replacement cycle

NPV +

A fleet automation programme that modelled NPV-negative was restructured into a positive case by scenario-modelling a phased replacement rather than a single switch-over.

What we did: NPV model off asset-level metrics, automated versus manned scenarios, phased roadmap.

Margin & pricingConsumer scale-up
$100m business

Full P&L

Margin, cost and pricing built from scratch for a fast-growing consumer business — the effect of every pricing experiment on volume and margin, margin by region and category, and true stock cost on a moving-average FIFO basis.

What we did: margin model, pricing experiment framework, FIFO stock costing, product recommender.

Client names withheld. Figures are as identified or realised on the engagement. The same methods, sized for the middle market.

The people on your business

Operators who have run this before, not analysts learning on your time.

Middle-market businesses normally get the junior end of a consulting firm. Here you get people who have sat in executive seats, carried a P&L, and delivered improvement inside operations far larger than yours.

Executive operators

People who have held executive and general management roles and carried responsibility for a profit and loss account, not only advised on one.

Qualified and degreed

Commerce, engineering, finance and analytics backgrounds, with postgraduate and international executive education behind them.

Improvement delivered

Over $1bn in improvement identified across large operations, and more than $150m converted into realised, recurring annual benefit.

Built for rapid diagnostics

Dozens of two to five week diagnostics run across sectors, sizing the value pool and building the roadmap to capture it.

Modellers, not slide-makers

Excel, Python, SQL and Power BI. Every model built from your data rather than dropped in from a template, and unlocked when you get it.

Operational disciplines

Continuous improvement, cost reduction, turnarounds, procurement and supply chain, maintenance and digitisation.

Questions

Common questions.

My accountant already does my numbers. Why would I need this?

Your accountant reports what happened, correctly and after the fact. That's a different job. This is about what to do next — which customers to keep, what to charge, where the operation is capped, whether the new site pays for itself. Most clients keep their accountant and use the model alongside them.

Which stage am I at?

Most owners recognise themselves within about ten seconds. If you're between two, we work it out on the call — it usually comes down to whether cash still surprises you, and whether anyone owns a number.

What makes this "blue-chip method"?

The models, the constraint analysis and the operating rhythm are the same tools global consultancies build for their largest clients. What changes for the middle market is the delivery: senior people on the work from day one, no eight-week mobilisation, no bloated deck, a fixed scope, and a model you own at the end.

What does it cost?

Each package is a fixed fee, quoted after a 30-minute call once the scope is clear, and agreed in writing before any work starts. If the scope changes the price changes before the work does, never after. Overruns are our risk, not yours.

How messy can my data be?

Very. Exports from Xero, Sage, Pastel, QuickBooks, a job card system or a pile of spreadsheets all work. If the data can't support a model we'll tell you on the call rather than take the engagement.

Do you implement, or just advise?

Both, depending on the package. The Diagnostic ends with a model and a numbered action list. The Delivery PMO and Turnaround packages carry through to execution — owner and date on every line, weekly meeting chaired, benefit reconciled to the accounts each month.

What does the PMO actually do week to week?

Updates the tracker, chases the lines that haven't moved, chairs a sixty-minute meeting on the same day each week, escalates blockers to whoever can clear them, and reconciles claimed benefit against the actual accounts monthly. It is administrative work done properly, which is why most improvement programmes fail without it.

Does the PMO replace our project manager?

No. If you have one, they run it and we build the tracker, fix the baseline and set the cadence with them. Where there isn't one, we hold the role temporarily and hand it to a named person in your team before we leave.

Can you run our capital raise?

No. We build the forecast and the numbers pack and sit with you through the questions. The transaction belongs with a corporate finance adviser, and we'll introduce you to one. We don't take success fees or equity.

What if the turnaround doesn't work?

Then you'll know early rather than late. The first three weeks establish whether the business can be stabilised on the cash available. If it can't, we'll say so and help you understand what the realistic options are — that's a more useful answer than twelve weeks of effort.

Get in touch

Book a 30-minute call.

Tell us which stage sounds like you and bring one question your current numbers can't answer. No cost, no pitch deck. By the end you'll know which package fits, roughly what it would find, and what it costs.

Book a call