Business Consultancy

What does a business consultant do?
A Business Consultant often referred to as a business adviser is an independent outsourced expert who can bring a different perspective to your business. Their main purpose is to analyse your business and identify where productivity can be increased, efficiency improved leading to greater profitability.

Start Up’s
Business Consultants can work with start up’s advising them on how to build and implement a business and marketing plan. Advising them on practical set up costs, employment, banking, accountancy and legal. A business consultant can analyse a Start Up’s business plan before implementation to identify cost savings and better ways to achieve the means of production, sometimes by outsourcing instead of incurring heavy employment costs. An experienced Business Consultant can be invaluable to a Start Up company helping them to navigate around their new business and avoid common mistakes.

Established Businesses
For established businesses, critical intel provided by a Business Adviser can be crucial in assisting a business of any size. A Business Consultant can advise a company on how to set and achieve its strategic long-term goals. Business Advisers are also often brought into large companies to solve specific problems that have arisen during trading. Specialist Accountants and lawyers will be consulted where the problem that arises relates to accounts or governance issues. It is also possible that a consultant will be hired to assist with a specific marketing plan or where the company wishes to investigate a new product or market. Consultants can be hired on a daily, weekly and job by job basis. As they are external to the company, they are only hired for the duration of the work required and do not become a full-time employee.

Financial Investment.
All businesses require financial investment either from the shareholders and directors of the business or from external financial organisations. The only way to secure such investment is to show that the company is well managed and has a solid plan.
Historically many businesses were funded using bank finance either in the form of overdraft facilities, loans or a mixture of both. However, bank finance has become more difficult to obtain and due to the rise in interest rates it has also become more expensive and uncertain. There have been a number of cases in the UK where the banks themselves have been running out of money and have recalled loans at short notice and sometimes for spurious reasons. This happened during the credit crunch years causing many viable businesses to be placed into liquidation through no fault of the owner. Careful consideration must be given to any terms offered by a bank and the small print should be scrutinised for unfair terms. Whilst consumers are protected by the Unfair Contract Terms Act, Businesses have far less protection and should always be very aware of the contractual terms they are agreeing to. One of the areas JTE specialises in is assisting businesses in choosing and sourcing appropriate funding and checking whether there are any government grants or funding available.

Expert Foreign Exchange
JTE can introduce you to foreign exchange specialists and partners who appreciate a clients need for rapid exchange services and are able to offer same day services at excellent rates. JTE can also introduce you to specialists in currency transfer swaps for more exotic currencies which are not easy to exchange in the normal currency markets or become necessary in situations when standard currency exchanges are restricted by internal government regulations.
JTE can also assist you in opening multi-currency accounts which are in your company name and assist companies with their FX payments, including Invoice automation. offerings.
Tell us your requirements and we will ask one of our regulated partners to provide a no obligation quote.

How can JTE help your business?
Our experienced Business Consultants have all run their own successful businesses as diverse as hair and beauty to a PR company to a legal practise, so have had experience in many different types of business. The fundamentals of running a business are very similar whatever the product or service being sold, as are the requirements to successfully acquire finance and investment.
At JTE we can help you from setting up a new business to managing an existing one. Our number one aim is always profitability, closely followed by a sound financial plan to ensure steady cashflow so you can manage the business in a stress-free manner.
We are expert problem solvers and at thinking outside the box to achieve a successful result in difficult circumstances. We can also analyse business plans and identify problems before they become an issue. Have a look at our case study page to see more about what we can do.

Ring JTE Consultancy TODAY for a No Obligation Quote.