Business Management Program
None Executive Support
We provide support to existing executive teams in private companies. We are more than professional advisor's in that we provide a more partner style approach, our main concern being the success of your company.
Our aim, along with the management, is to accomplish the desired goals and objectives by collaborating and using our combined resources efficiently and effectively. This is accomplished through a series of structured meetings and discussions in order for us to fully understand your business
We provide a structured approach to compiling a business plan. We believe that any business plan should always be a product of the companies aims and ambitions. We find that a business plan is more representative when constructed over a period time. In order to achieve this we recommend a series of business workshops where ideas and opinions can be expressed and debated. Based on our methodology we will produce segments of the plan as it evolves enabling the business to review the contents and make any amendments as we progress. The final plan will not only contain the overall company strategy but will be backed up by the necessary metrics.
These serve many purposes and can be conducted off-site to avoid unnecessary interruption and aid concentration.
In addition to the processes mentioned, we have found that some companies prefer to discuss new ideas, existing problems and issues, to be able to obtain unbiased feedback and different perspectives.
Usually, a bookkeeper will enter all the day to day transactions.
From this basis we can begin to ensure that all necessary journals for accruals and prepayments are entered to
provide a more accurate depiction of a months trading. This information forms the basis of a profit & lost and Balance sheet statements. In addition, where possible, we prefer to compare the data to previous years, current year, budgets & forecast - highlighting any successes, issues, concerns and trend deviations
This information is then reviewed with the management, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.
This includes the company trading, monthly, quarterly and yearly, against a pre-set criteria such as a forecast, budget or previous year. Other monitoring can also be considered where applicable, such as Key Marketing metrics, Stock utilisation, Debtor and creditor days and Ratio analysis
Preparing a company for sale
It is always a good idea to have an exit strategy, as preparing a business for sale could take a lot longer than you think. We help clients begin to put their accounts in order by reviewing their debtors, recommend ways to cut costs, reduce excess stock, help you get the best tax advice. We also assist you in choosing the most suitable broker to handle the sale.
Similar to the business planning, we provide a structured approach to developing a market strategy backed by a comprehensive plan and measurable metrics. We recommend that, if possible, it is constructed over time using a series of workshops to hone out the dynamics of the plan. Based on our methodology we will produce segments of the plan as it evolves enabling the business to review the contents and make any amendments as we progress. The metrics we supply will allow for performance monitoring as the plan should be used as a living document.
This function is supplied as a matter of course when multi-processes are involved and especially when we work with one of our chosen partners. We find that clients prefer to have one point of contact, so we manage all the tasks contained in a project plan, regularly advising clients of progress and outstanding issues
Very often clients find it helpful to have the support of someone during contract negotiations, especially if they are unfamiliar with the topic, narrative or process that follows. We spend time with the client understanding what is the desired outcome, whether there are any stumbling blocks or issues that might dis rail an agreement. Depending upon the nature of the contract we are prepared to negotiate on the clients behalf.
Provide perspective and feedback
Apart from the business workshops previously mentioned, we find that small companies find it useful to have a sounding board, someone who can bring a different perspective and feedback to a topic.