“Experienced business professionals who will challenge the status quo in order to transform the financial performance of the business”.
As the MD of a growing business wouldn’t it be great if you had someone you could trust to not only understand your financial peformance, but someone who could work with you to make your bottom line so much better?
Michelle Reynolds, the founder of Collaborative, has spent the last 20 years supporting managing directors and sees the problems faced by growing businesses all too often. She says:
“Growing companies are constantly changing. Volumes increase, so they add resource to cope. This so often leads to inefficiencies which take time to resolve. Or they reach a glass ceiling and they invest a fortune in doing the same thing they did to get to their current levels, often without taking the time to find out if their investment will pay off. Change needs to be managed and controlled.”.
If you can relate to any of these tell tale signs then you need to think about changing the way you manage your growing business.
So how can Collaborative help you?
We provide an holistic solution, but for ease of explanation we’ve broken our services into four main areas:
Turnaround Solutions
There comes a time in every business where profit could be better. It doesn’t have to get to an emergency situation before you take action to transform your financial performance.
We provide a part time Finance Director who has managed major turnarounds (successfully!) and knows how to pull a team of people together to make the change happen.
To learn more about how we transformed this client’s loss into a profit, click here
Business Development
When we talk about Business Development we’re talking about how to bring in more profitable sales – not just sales.
We focus on how much profit you make out of your customers. We’ve found that an awful lot of internal resources is used to service your customers’ requirements and it can often be quite astounding how unprofitable some of your sales actually are. We performed an analysis for one of our clients and found that a good number of their customers actually made them a loss. So it’s imperative you understand the numbers before deciding on a growth strategy.
For a full report on how we transformed this client’s bottom line, click here.
Training & Mentoring
Our part time Finance Director will work closely with you so that you fully understand how your business is perfoming financially. It’s great to have a “fresh pair of eyes” on your business, and for that someone to be comfortable telling you exactly how it is. You can also rely on them to point you in the right direction and keep you focused on what you’re trying to achieve.
We also provide tailored training material to help anyone who needs to brush up on their finance skills. Our e-learning packages have been developed over a number of years working with small to medium sized businesses and are full of instructional videos and fun learning exercises to keep people alert while they’re studying. For details click here.
Process Improvement
We believe that by making your people and processes more efficient you can save time and money. A growing business can often fall into the trap of spending more on accounting support to cope with increased volume, but that doesn’t have to be the case.
Our part time Finance Directors have spent years streamlining and automating accounting processes to get the best out of the people and systems.
To see the case study of how we enabled this client to add 40% more volume for no extra cost, click here.
How does it work?
You pay only for the time you need. That’s the beauty of a part time Finance Director – they are not of permanent cost to the company. You’re not tied into a contract so you stay in control throughout the process.
What do I do now?
We are passionate about making a bottom line impact in our clients’ businesses. For an informal chat please complete the “Contact Me” form at the right hand side of the page and we’ll call you back to discuss how we can help you.