Assess

The first step is to give you and us the opportunity to get to know each other and our businesses. If you decide you’d like us to work with you, then it’s important we like and trust each other as our Finance Director will become an integral part of your team.

In an initial meeting, we delve deep into your products, services, industry, business set-up, how you operate and how your business is currently performing before moving on to your ambitions.

Our aim is to find out what you hope to achieve and when, and by understanding your business as it is, your available resources and finances, we will be able to recommend a way forward.

It’s an informal yet highly productive meeting that will provide you with a detailed health check for your business and options for next steps.

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Plan

Following our initial meeting, we will carry out due diligence about the market in which you operate and review your objectives to understand the opportunities for commercial success.

We’ll then devise a plan around our proposed involvement, taking into consideration timelines, any existing internal resources and third-party suppliers. This will involve a gap analysis of skill sets within your business so we can determine the right kind of expertise and level of support needed.

You may only need the support of a Finance Director on an advisory basis, or one to work with your existing resource, whether that’s an internal finance team or independent accounting practice. Or you might require more hands-on support and help building your own internal team, or for us to provide a fully outsourced finance function as well.

Whatever your requirement, we provide a flexible and part-time resource and ensure your Avonglen Finance Director and support team has the right mix of characters, personalities, skill sets and specialisms to benefit your business. We’ll then establish the best way to create a close working relationship, how we interact with key stakeholders and the wider team.

Our Approach Plan

Implement

Your Avonglen Finance Director and support team, will be made available to you in the manner that is most appropriate for you and from a pre-agreed date. Whether we are working on site or remotely, your Avonglen Finance Director will always spend enough time ‘in’ the business to become a recognised and integral part of the team and your business operations.

Like any senior management team member, they will always be available by email and telephone and are wired to expect the unexpected, adapting to your changing business needs appropriately, and fast.

From day one, expectations and deadlines will be set, with a view that transparency, regular communication and versatility will keep everyone on track, even if that track changes.

If we provide you with the full finance function, your support team will remain predominantly based from our head office at Southampton Science Park, allowing us to manage them effectively, but be available when needed. They also have schedules for statutory reporting and investor timetables and you will have access to this through a secure portal.

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We have been so impressed by Lynne and the Avonglen team since they took over our accounts. We know that no stone is left unturned and every possible action to help our company has been taken. They have expertise in all areas and we cannot fault their commitment to our business.

Amanda House
RHH Franks Ltd

I have been using the services of Avonglen, and Tim and William in particular, since I started my business in 2004. From a one-man band to a business with several offices throughout the South, they have guided me at every step of the way as my business has grown. Their practical help as well as their strategic guidance have ensured that the decisions I’ve made have been well thought through. Their input at every stage, from their preparation and analysis of my management MI to my application for SEED/EIS status, has been invaluable.

Duncan Revolta
One Pension Consultancy

Hobbs Rehabilitation has grown in size and complexity over 12 years without a designated financial lead. The founders were finding it increasingly difficult to keep on top of all of the demands of a growing business especially in the area of finance. The engagement with Tim from Avonglen has allowed them to delegate the key financial tasks and freed them up to focus on planning the future growth of the company. Tim has assisted with strategic advice, budgeting, financial reporting, re-structuring the Hobbs group of and in negotiations with key partners. This has helped us to realise new avenues for growth and reduce key risks in the business. He is a good listener and always offers valuable advice.

Helen Hobbs
Hobbs Rehabilitation

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