Many businesses lack the necessary commercial, financial and management skills needed to grow and develop and thereby achieve their full potential. Up to 50% of start-ups fail within two years and 90% of businesses do not survive for more than 10 years. The risk of such a failure reduces significantly with sound business planning and management.
A business is much more likely to survive and be successful if it has experienced management input at an early stage and throughout its development. Getting the right level of management advice will help the business to focus on increasing revenues, profitability and effectively managing cash flow. The business will be more sustainable and ultimately generate a higher exit value for its shareholders in the event of a sale or floatation.
However management comes at a price and for much of a business’s development it is not required on a full-time basis. We look to provide the bridge in order for the business to obtain quality business management input throughout its early and mid stage growth and development.