THE FOUR STEP PLAN
Put simply, we help your business survive, grow and flourish. And once it is flourishing, we either help you maintain a level of sustainable growth or we help you achieve the exit that you desire.
We are not just consultants or corporate finance advisors, we become part of your business. We offer a full service and we are there through every step of the way until your goals are achieved – and we are aligned in those goals. At Firebird we have a defined methodology for helping businesses achieve their goals. It is a four stage process
1
SURVIVAL
2
REVIEW
3
GROWTH STRATEGY
4
LONG TERM
GROWTH
4
EXIT
STEP 1: SURVIVAL
These are strange times and at the moment survival is the priority of every business. We can help with the following:
1)Understanding your numbers (including building cash flow forecasts and projections if required)
2)Cash management solutions
3)Financing options
4)Regulatory bodies
5)Customer communication strategy
6)Looking ahead at how to take advantage of post-Covid opportunities
STEP 2: REVIEW
When the current crisis is over and the world has returned to something approaching normalcy do you really want to go back to doing the same as you were doing before?
We have helped you survive but that is just the beginning of how we work with you. With some businesses we formally join the Board as a Non Executive Director, in others we provide ongoing consultancy but in all cases we provide the following:
1)In depth Business Review analysing every department, function and aspect of the business and highlighting opportunities and risks.
2)Review of the Business structure and cost base.
3)Creation of thorough Management Information pack and monthly review of pack.
STEP 3: GROWTH STRATEGY
Now we have helped you survive and lay the foundations for growth. Next we help you deliver that growth:
1)Define your strategic goals (specific, measurable and timebound).
2)Review the arenas that you will participate in (product, geography, source market, customers).
3)Consider the vehicles that you will use (organic growth, acquisitions, start ups, joint ventures).
4)Identify how you will differentiate.
5)Having defined the strategy, help you come up with a Tactical Action Plan that will enable you to deliver it.
6)Work with you to develop detailed model / budget for the lifetime of the strategic plan.
STEP 4: SUSTAINABLE GROWTH/EXIT
Having achieved your strategic goals and delivered rapid growth the business is now set for one of two paths, we help with either path:
If you wish to maintain the business and continue to maintain or grow market share we will help with this and ensure that you have the right:
1)Management structure
2)Reward and incentivisation
3)Tax planning
If however now is the time that you plan to exit the business we will instead help you achieve this:
1)Succession planning
2)Preparing for sale
3)Identifying acquirers
4)Writing Information Memorandom
5)Disposal process