SMEs become established in this sector by creating new ideas and formats to sell to industry giants. Most of the costs are people’s salaries and often initial sales prices are guestimates of time spent with whatever mark-up can be negotiated. But sustained success requires a deeper understanding and management of time spent and levels of skills applied. At FD Solutions we have assisted many such businesses in capturing costs with user-friendly software, and analysing them so as to show what the costs of each idea/format really are, thereby enabling management to keep firm control.
“Chris is thoroughly likeable and extremely hard-working; he grasped the overall vision of a new business quickly and implemented the financial tools and business planning that are essential for success.”
Danny Faughnan, CEO, Metropolis Digital Media