It’s a Results Business
In the modern business world, companies are placing increasing importance on efficiency and waste reduction. For Paul Caffery this created an opportunity to apply his skills as a trained problem solver and to start a business which taught companies ways to improve their skills and productivity. He therefore started Results Consortium Ltd.
Throughout his career as an electrical engineer Paul had become increasingly involved in Quality Management systems and gained extensive skills in this area. Paul had always wanted to train people and when the opportunity arose to combine this desire with these skills he decided to start his own business. Although Paul had experience of small business he felt he required advice on getting started. BDS offered free impartial advice and guided Paul through the initial growth stages of his business. As the business grew Paul started to encounter cash flow issues, Paul said “I used to just put all my receipts in a drawer and then give them to the accountant at the end of the year,” However Paul soon realised, with the help of advisor David East, that this was no longer feasible. Paul has now recruited a bookkeeper and says “We now have control of our finances, with cash flow forecasts and projected graphs for turnover and profit, we can now see when money is coming into and going out of the business”
‘Results’ has grown steadily over the last couple of years and now employs 6 full time staff as well as 6 associates. Paul believes he has the infrastructure in place to grow the business and it is just a matter of expanding the customer base and turnover over time. He believes he will be able to increase turnover by over 400% in the coming years with the structure he has in place.
‘Results’, which was a finalist in the Mid Essex Business Awards 2008, now has many qualified advisors and verifiers enabling to run as a private college under the EAL (EMTA Awards Ltd). The next step for Paul and Results Consortium Ltd is to become a City and Guilds Centre which he believes holds more gravitas with customers and will increase awareness.
Paul returns to BDS for advice on a quarterly basis to discuss where the business is going and any problems he encounters. Paul says of these meetings: “I treat BDS as my conscience; they ensure I remain focused on what is important for my business” Paul believes BDS has helped him get through many of the challenges of running a small business “BDS and its staff have become friends in business. When we have tough times they show they care and respond by giving advice, I always know they are at the end of the phone should I need urgent help.”
Results Consortium Ltd
www.resultsresults.co.uk
Or contact them by phone on 01371 859344
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