Founded in 1998, Fayers Consulting has decades of experience and expertise when it comes to management and business.
One thing in life that never changes is that there will always be change. This can pose all sorts of challenges, but Fayers Consulting is on hand to advise and assist.
We can assist you across a broad range of business activities and with all the stages of business development
Making a Start
So your starting your new business. It’s an exciting time but it can also be challenging. Perhaps you would like some help with some of those challenges:
- Helping with company start-ups – helping with the initial company administration, business plan, financial plan, helping to put systems and controls in place
- Securing business funding and grant support – reviewing the scope and helping secure funding and grant support
- Producing strategic plans – helping you describe what you are looking to achieve in the medium to long-term and the helping you set out the tactical and operational steps to success
Making it Work
Your new business has now been trading for a new month’s now. You’ve hit your initial targets, but now need to take things to the next stage. Here’s how we can help to get you with that:
- Preparing commercial contracts – reviewing or developing contracts to ensure a firm commercial basis for the work, services or products sold
- Reviewing business models – looking at the company’s products and how they are monetised to assist with a refinement of the model
- Crafting business plans – helping to set out in details how the company will be taken forward in the next year
- Developing and management project plans – initiating and formulating project plans that will help achieve different strands of the business plan
- Developing branding, websites and social media – reviewing the impression given by the business to the public, potential customers and business partners and developing improvements
- Providing day-day financial management – on an interim basis to ensure new systems and procedures are bedded in prior to the recruitment of financial staff
- Preparing commercial contracts – reviewing or developing contracts to ensure a firm commercial basis for the work, services or products sold
Making Changes
Your business has matured and the arrangements you put in place at the outset need to be reviewed and refreshed to ensure that the business continues to develop successfully. We can help you by:
- Reviewing staff contracts, remuneration and incentive schemes – reviewing staff terms and conditions to identify scope to introduce arrangements that enable the business to be more successful
- Business restructuring – valuing the business and restructuring the balance sheet, debt and equity
- Review of financial systems – reviewing current systems and identifying the best solutions for the company’s current and future needs
- Cost and overhead review – undertaking a review of the main costs and overheads incurred by the Company in order to ensure that they match the business needs and any economies are secured
- Product costing and pricing – developing cost and pricing models to assess the profitability of products and products lines
- Reviewing IT systems and infrastructure – reviewing systems and procuring the best solutions
- Implementing QA systems – putting in place procedures and processes to provide QA at a level suited to the business
Making it Big
The business you set up is continuing to grow but not as far as you had hoped. It may be the time to consider the scope for accelerated development. We can assist with (acquisitions or mergers, securing investment, enhancing organic growth) through:
- Review of sales pipelines – reviewing existing pipelines with a view to ensuring that it is robust and identifying the scope for development of the pipeline
- Undertaking due diligence – carrying out financial and commercial due diligence should the company seek to change its ownership or acquire other businesses
Making a break
Having been in business for a while, you are looking to reap the regards of what you have built. We can help you with that by:
- Undertaking due diligence – carrying out financial and commercial due diligence should the company seek to change its ownership or acquire other businesses
If you have questions about this, or any aspect of running your business, please get in touch with us.