Tag Archives: interim finance

Has your business lost its “One Direction”?

 

It can happen at any time in business, just as in a boy band, where a key member of your Board or senior management team decides to leave suddenly disrupting the growth, momentum and stability of the business. Larger companies can look from within to promote however SME businesses may find they have a significant gap in resource. Initially the reaction is to either survive for a period whilst diverting other resource to backfill or use their auditors or other professional advisors to provide support. Using temporary cover is also another option however they usually need to be managed and are on short notice with the risk that they may also move to another role.

The use of an independent career interim, that tends to operate at Board level, is a solution that can provide the necessary resource to a business and also take on the recruitment of a permanent alternative. They provide the functional responsibilities to ensure the minimum of disruption the direction and momentum of the company and will contribute objectively. Commercially focused interims can perform a number of activities including forensic review of the business, the development and implementation of strategic and operational initiatives, assist in restructuring or identifying change requirements in business processes, controls and systems.

Their dedicated focus is to deliver results with objectivity, accountability, flexibility and are immediately productive and efficient. Unlike consultants or temporary staff, where costs tend to drop to the “bottom line”, interims focus on the delivery of benefits to your business. The outlay on the cost of an interim should be matched by a multiple of benefits over time.

MW Interim Finance can assist you in compiling or reviewing your business / risk plan in key commercial areas of your business, in addition to providing an independent CFO/FD resource on an interim basis. For further information or a confidential discussion about your specific requirements, please contact Martin Walby FCMA CGMA on + 44 (0) 7876 566875 or email martin.walby@mwinterimfinance.co.uk

You can only be history making if you make history happen !

Many of the world’s most successful global companies and brands are spawned from a recession. These companies started to make history within a short time from commencing operations, penetrating markets with unique ideas or leveraging technology. There are many companies that have started in the last year, and a number of established large and medium sized companies with cash reserves, who could jump start the UK economy given incentives and having confidence about the future. The Chancellors Autumn statement, plus the willingness of lenders and venture capitalists to invest in business should be the catalyst for growing businesses in 2013.

In terms of senior financial management resource, companies may not have reviewed their requirements to make step changes in growth. An independent interim contract finance professional is one way of utilising a short-term focused resource at Board or senior management level to deliver changes or improvements in business systems and commercial operations.

MW Interim Finance is able to provide interim contract finance support at Finance Director level for short-term full time projects or on going part time resource to companies wanting to leverage opportunities in the coming year and beyond. For more details visit www.mwinterimfinance.co.uk and make history in 2013.

A busy week for MW Interim Finance

MW Interim Finance attended a number of key networking events and forums this week in central London and Surrey, organised by the Institute of Directors – West Surrey, Menzies LLP and the Surrey Chambers of Commerce. Key themes included; engaging businesses to review their strategy and objectives by recognising the significant shift in consumer demand in the next twenty years; the continued growth of China and India in the global economy; technological changes away from the “physical” to the “virtual” supply of goods and services. 

 One of the services that MW Interim Finance provides, as a senior level finance resource, is assisting directors and owner managers in formulating, preparing and reviewing corporate strategy and planning. Supporting businesses in meeting their objectives through delivering “lasting change” is a strength of professional interims.

Press Release – MW Interim Finance announces the completion of its re-branding exercise and launches a new website

Press Release – MW Interim Finance, (formally I.C.M. Solutions Limited), announces the completion of its re-branding exercise and launches a new website, www.mwinterimfinance.co.uk.

The company will continue to provide a professional independent interim finance director resource for small, medium and larger corporate businesses, working with owner managers and directors to facilitate the achievement of strategic and operational goals.

Some of the services MW Interim Finance provides include;

  • Forensic operational review, forecasting and profit improvement
  • Fixed asset, working capital and cash flow optimisation
  • Strategic business planning and development
  • Project appraisal, analysis and business modelling
  • Restructuring and business turnaround

 

Martin Walby, founding director, commented “despite the continued poor economic situation in the UK and the perceived slow road to recovery, 2010 is a new decade of opportunity, both in the UK and globally. MW Interim Finance will continue to provide an independent finance director resource for companies wishing to take the steps to benefit from current and future business opportunities”.

For further information on how MW Interim Finance can assist your business, either call Martin Walby on + 44 (0) 7876 566875 or email martin.walby@mwinterimfinance.co.uk