Advantages (and risks) of Outsource Accounting
The decision to outsource accounting should never be taken lightly. Most leaders of growing businesses do recognise when the finance function is not as effective or as efficient as they need it to be. They also know when the time is right to consider outsourcing, but often they find it difficult to rationalise their decision – a huge stumbling block which may prevent a company from scaling. Why does signing a … Continue reading
DEAL ALERT Isosceles advises insightsoftware.com, Inc. on acquisition
DEAL ALERT Isosceles Finance is pleased to announce their client, insightsoftware.com, Inc. (provider of Hubble solutions) has acquired Antivia, a business intelligence (BI) software company and developer of the fast dashboard and information application creation solution, DecisionPointTM. Isosceles acted as exclusive finance and HR adviser to insightsoftware.com, Inc. What did insightsoftware.com, Inc. and Antivia say about the deal? This acquisition will expand insightsoftware.com’s market reach beyond the Oracle and JD Edwards Enterprise … Continue reading
How do you scale a small business into a larger business?
In my discussions with our clients, I often use a boat as an analogy for a company. Scaling a small business is a journey. Much depends on the team within the boat and success is a destination that not every boat reaches. In my analogy, I equate the difference between small companies that stay small and those that go on to become much larger as the difference between a rowing … Continue reading
Outsourcing: Which “shore” is right for the SME?
Which “shore” is right for the SME: onshore, nearshore or offshore As technologies converge facilitating the easy transfer of documents and data, and as communications improve to allow the provision of services anytime, anyplace, anywhere so the question has emerged in the world of SME outsourced accounting: “which is better onshore, near-shore or offshore ?” What is the Difference Between the ‘Shores’? Let me start, for the avoidance of doubt and … Continue reading
Can a tired venture capital-backed business be revitalised?
In his blog we give our thoughts on how to revitalise a venture capital-backed business Being a venture capital firm must be one of the toughest jobs going – they are as popular as a traffic warden who used to be an investment banker. Their odds of success are no more than one or two projects in ten. Although they perform as much due diligence as possible, they still rely … Continue reading
How to Manage your Investor
Copious amounts of advice is available regarding how to manage one’s investment, but next to nothing about how to manage one’s investor and yet this person can add significantly more to your business than just cash. Insight and perspective Your investor is potentially an incredibly valuable resource to your business. Keeping your investor on side, and getting the most out of them, requires careful thought and management. You can’t fire … Continue reading
Ambitious entrepreneur: Starting a business for exit
One of the current hot topics of debate amongst business commentators is, “should the first-time entrepreneur start a new business venture with the exit in mind?” In truth, the answer very much depends on the type of business being set up of course, and why it’s being set up, but in my opinion, for the ambitious entrepreneur, the answer is an unequivocal “YES”! In recent months I have led on … Continue reading
Entrepreneur in the spotlight: Mike O’Connell
60 Seconds with Mike O’Connell, entrepreneur and CEO of Isosceles Mike O’Connell is CEO of Isosceles. In founding Isosceles, he wanted to give growing companies access to great finance, accounting and HR people to support their growth and help them achieve a successful exit. Mike is also a non-exec director on four boards (two TechTrack 100 companies). Guilty pleasure? 5-a-side football on a Monday evening. The best things in life … Continue reading
Preparing a company for sale: The First Time Entrepreneur
Preparing a company for sale When preparing a company for sale, one of the most difficult issues for the first time entrepreneur is when is the right time to sell your business? In an ideal world Sure the management books tell us to plan 12-24 months in advance develop relationships with the companies that could become potential predators. Raise your profile in the eyes of the predator; establish relationships, joint … Continue reading