Welcome
axiom-e overview
Contact us Vacancies
Testimonials

---

Services (Full list)
Key Services
* P/t Finance Directors
* Acquisitions
* Business Plans
* Raising finance
* Grooming for sale
* Strategic reviews
* For start-ups

---

News & Views
FDs' Resource Centre
Free Downloads/Info

---

Useful Links
Legals

---

---

Free Newsletter

Admin Info for consultants

Consultancy is top job

According to a recent poll, the nation's favourite profession is management consultancy...

The poll, carried out by jobs firm Reed, also showed that the majority of the British working public want to run their own business.

Source: "Consultancy is top job", Cambridge Evening News, 9th October 2002

axiom-e comment: If you are one of those wanting to run your own business, then check out how axiom-e, our clients' favourite strategic financial management consultancy, can help you establish and run a successful business, beginning with the development of a coherent and comprehensive Business Plan. axiom-e is not a pure consultancy company: we also add value to your business by implementing the advice we give. Find out more about us, starting with our home page.

One of the biggest mistakes that people make in modern life is to be overconfident... "...81% of new business owners think their business has at least a 70% chance of success, but only 39% think any business like theirs would be likely to succeed..." Source: James Carlisle, The Motley Fool, 9th October, 2002 quoting Whitney Tilson "The Danger of Investor Overconfidence", The Motley Fool, 22nd May, 2000

axiom-e comment: To find out how we can help to ensure that your Business Plan presents an objective assessment of your company's prospects and is, thereby, more likely to be looked on more favourably by potential backers, click here.

I am passionate about what I do, and care about the people I work with. Above all else, an entrepreneur needs courage. It allows you to follow your convictions. Most entrepreneurs are developing new marketplaces or products; many decisions call for a leap of faith. To make those big calls quickly takes courage. Raising the finance for a new business takes preparation and hard work. A good understanding of your opportunity and detailed analysis of the risks will encourage investors. It's good to have a management team with relevant and varied experience. The business plan must be realistic, with an exciting upside. Presenting with passion and commitment can close the deal. Cashflow and working capital are the best measure of business health. I've always been driven by cash. Source: Andrew Hart, Chief Executive of Digital Media Network Translucis "You have to take leaps of faith. That takes courage" The Times, 8th June, 2002

"The first thing I look for is how well the business plan is written...One of the biggest things that puts me off investing is when the business doesn't have a good financial set-up. They often focus on the idea rather than who is going to look after the finances. And a lot of the time the numbers don't stack up...Most young companies are keen to get things started and they don't think properly about their plans." Source: Jim Driscoll quoted in "How to raise cash for your start-up", Sunday Times 21st April 2002

"To raise the finance you need a fantastic business plan and you need to know the numbers back to front. First-timers looking for finance also require the ability to bounce back when doors are slammed in their face and to remain entirely confident in their vision." "Entrepreneurs should be driven by quality first and profits second. My priorities have always been staff first, customers second and shareholders third, because if you take care of the first two, the shareholders won't need too much attention. You can only build up your customers and profits if your staff are happy and motivated; once you get this right, everything else flows from it." Source: Peter Wood, founder of Direct Line quoted in "Keep an unshakeable belief that your vision is right", The Times 18th May 2002

Accounting
Business Financing
Reminding you of these foolish things