BusinessCare

The capacity to continually identify and manage a wide variety of commercial risks is crucially important to any businesses long-term survival.

Not having the right foundations in place in key areas such as finance, sales, personnel, IT or production is a common fault in new or early stage businesses; whereas complacency can be a problem for established businesses, many of whom overlook the need to review their exposure to risk on a regular basis.

This standalone service offers businesses the opportunity to tap into IBC’s years of training and practical experience in this area.

Commercial lending is largely to do with identifying and managing risk, so our skills and experience can be very valuable in helping businesses to identify and manage their own risks.

IBC also have an extensive contact network and can introduce specific skills or expertise in all the key areas, where required.

BusinessCare can be tailored to suit each client’s requirements – for example:

A one-off, high-level business review to help identify areas of risk or weakness that require corrective action
Alternatively, an ongoing review, which looks at each key area of a business in detail. With this option the cost can be spread monthly: there are no tie-ins so a client’s financial risk is limited to only one monthly payment

Some practical examples

These examples show how BusinessCare can be used:

As part of an ongoing businesses review or improvement programme
As a high-level health-check for businesses owners or directors
To provide more detailed insight into newly acquired businesses
As preparation for diversification, mergers, sales drives or product launches
To help identify corrective action for underperforming businesses
As part of a recovery plan with which to reassure lenders or creditors

The benefits of BusinessCare

The risk of business failure is reduced
Unforeseen risks, or overlooked opportunities can be identified.
Businesses become more proactive, spending less time fire fighting
They will be less vulnerable to unforeseen external factors or market trends
Input from an external party tends to be more objective, and is not clouded by complacency or familiarity

To find out more either Contact Us, go to Frequently Asked Questions, or visit the Case Studies section.