Small businesses account for 99.3% of all private sector businesses. They employ 15.6 million people or 60% of all private sector employment in the UK. The combined annual turnover of SMEs is around £1.8 trillion or 47% of all private sector turnover in the UK.
In a fast-paced and volatile economic climate, small businesses are the first to suffer. Therefore, business owners are acutely aware of the need for running a tight ship. Unfortunately, there are few resources available to prepare them for the various challenges facing them.
The good news is that we understand your predicament. We have the grit necessary to assist you in dealing with those challenges. Moreover we have expert consultants with the knowledge you need to build your business profitability.
Range of services
HR & Recruitment
Strategic & tactical planning
Our consultants may help you to:
- Gain access to lending
- Reduce your operating and financing costs
- Boost your unique selling proposition (USP)
- Find the right talent
- Transition from start up to SME
- Access international markets
- Comply with industry regulations
- Cost of sales
- Operating expense
- Financing cost
You can transform your business to achieve sustainable profitability. We help you sleep better at night knowing your business is a performing asset.
Strategic performance improvement
Prepare your business for growth
We audit your business from a financial and operational point of view. Using a thorough due diligence process and robust metrics, we define at which stage of its life cycle your business really is. This phase of our methodology helps you understand where you are and why. Moreover it is critical in order to understand what the next stage is and why it is right for your venture.
Based on the audit’s finding, we prepare your company’s target operating model. This comes in the form of a strategic document highlighting:
- the areas of improvement
- a strategic plan to get to the desired end state
- a time frame over which changes need to be delivered
- a set of performance targets or KPIs to track variance to the plan
Theriac is a hands on consultancy. We don’t just deliver blue prints and then leave you to your own device. Our consultants will come on board and implement the changes with you. We want to be your growth partners. There is no greater joy for us then sitting in your board room after several months of hard work and congratulating you on your outstanding quarterly results.