Tom, Dick & Harry (as you might guess, not their real names) are the shareholders and directors of an IT company. We decided to contact them as the profile of their business was similar to that of other businesses whose owners we had helped – they had a turnover of between £1m & £10m, they were profitable and they had been established for more than five years.
We were able to secure a first meeting with Tom, who was concerned about the risks of being in business and the financial implications for his young family. After this initial meeting, we arranged to meet all three owners and we are able gain an understanding of their individual and collective concerns.
We identified the following concerns and issues that needed to be addressed:
We assessed all the information and, working with their accountants, we:
The results so far:
Please note that although this story is based on real clients, we have changed their name and aspects of their personal information to protect their privacy and identity.