Value For Money "It is unwise to pay too much, but it is worse to pay too little. When you pay too much you lose a little money — that is all. When you pay too little you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do ... If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better." John Ruskin (1819-1900) Here at EveryMan Consulting our mission statement is "To provide affordable and effective business advice and support for the Small to Medium Enterprise sector." The two key words are affordable and effective. Value for money is vital for running an efficient, profitable business. Hiring specialists and other people can be a high risk, high cost and potentially low gain activity. Most small businesses cannot afford to pay for the managers and specialists they need and are forced to do without them. It may be cheaper to do it this way, but it is not effective. It throws everything back on a few people, or even one person! The effectiveness is low in such circumstances, because no-one can be an expert in everything, so the capacity of the business is held down to the capacity of one person. This is not good value for money. There is another way. The Business Support Programme (BSP) offers terrific value for money, by utilising the power of a network of senior experts from all fields of business. It offers a 'virtual board' without the associated cost of employment. There are no NI contributions, no sick or holiday pay, car, pension, insurance or other costs. The agreed investment into the BSP is spread out and paid on an affordable monthly basis. During the period of the programme, many areas of business activity are looked at to reduce costs, usually resulting in significant savings, sometimes greater than the original investment. Additionally, the full cost is an allowable tax deductible expense for the company. The overall outlay is minimal, the returns are significant and the risk is low. |