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All of the work that we undertake is confidential and we do not, therefore, release the name of the business involved. We can, however, give brief details of the nature of the project in order to give a flavour of the types of contract that we consider undertaking.

Project One

We worked with a computer software developer to put together a Business Plan and funding proposal to chart the expansion of the business into European markets. The product had been well received in the UK and was, in fact, being accepted by Local Authorities to streamline their project management process.
As part of the expansion further capital was required and we successfully brokered a package of private equity for the directors to increase their own share capital together with an investment by a specialist venture capitalist and increased bank support by way of long term loan. The bank also put an overdraft facility in place to fund short-term working capital.
As a result of this project the business expanded the workforce and took on further business premises to move the software developers away from the office facilities and allow space for a team of telesales staff to concentrate on making sales. In addition, a European agent was sourced to assist in the marketing campaign to potential users of the software across the European Union.

Project Two

In the face of increased market competition we were asked by a specialist engineering business to redefine their product portfolio and look at potential new products and markets. As part of the project we analysed the efficiency and productivity of the business and identified substantial cost savings that could be made by changing some of the old working practices that had become engrained over time.
The substantial cost savings that were made then allowed the business to embark on an intensive marketing campaign into a new and potential lucrative market area that we had identified. The new product could be produced without the need for further capital equipment and by using the existing skills of the workforce.
As a result of this project the business has reduced production of some of the least profitable products and is now set to grow by building a strong market position in the new product line. All of this project was financed by the cost savings that had been identified and indeed the debt position of the business will substantially decrease in a short period of time by the improved profitability that we achieved.

Project Three

This project was to resolve a problem that many businesses face without realising the fact that they could actually have a problem - expansion of sales without the resources to cope. The business was cash rich although the structure of the business did not match the ever increasing turnover. Effectively it was a medium sized business still operating under the management of a sole trader system.
The business imported the vast majority of their products from a Greek supplier there being no effective competition within the UK. The owner had built an impressive dealer network and having originally established the business as a retailer they were now operating more as a wholesaler. Despite having a turnover that had grown by over 100% per annum for the last three years there was no effective management system in place and stock control was non-existent. In addition, financial controls were in the hands of the owner and no form of internal accounting or monitoring was in place due to the cash rich position. There was also a total lack of technology in the business.
We reviewed the entire staff position and restructured the business with the introduction of a new General Manager and Accountant. Staff responsibilities were also reviewed as a result of which the business created further jobs in the main warehouse. A networked computer system was put in place and using specialist help from a software developer a new stock control system was introduced.
The use of space within the warehouse was also reviewed and restructured to allow it to be used more efficiently as part of which the existing office space was redeveloped to provide space for the new General Manager and Accountant. An accounting software package was introduced to allow the business to move away from the previous manual system.
As a result of this project the owner, who had not had a day off or a holiday for some considerable time effectively working seven days a week, was able to pass day-to-day control to the General Manager. This then allowed him to concentrate on what he was good at, building up the agent network even further. Sales continue to grow strongly but the business now has the structure and resources to cope.

Public Sector Contracts

Contract One

LSC Tyne and Wear - Sub-contracted to undertake a project to report on the education and skills opportunities for young engineers in the North East. Appointed as Project Manager to co-ordinate the mapping exercise as to the existing schemes and training that were available and provide a recommendation as to future funding to entice young people into this vocation as a future career. This project required substantive face-to-face interviews with a number of training and other providers.

Contract Two

This project involved the preparation of a comprehensive report for a Local Authority in terms of the business support activities that were being provided by all agencies across the area. The purpose was to define the support that was available and highlight areas that were lacking. We were appointed on a Friday and within 14 days our report, together with full PowerPoint presentation was given to the Local Authority. We have now been retained to undertake further work in this respect.
This report has been subsequently updated and we are working with the Local Authority  on an electronic database to inform the public as to what enterprise and employment initiatives are being undertaken that could benefit them.

Contract Three

Following on from the above contract we were commissioned by the Local Authority to undertake an initial feasibility study into the potential provision of a specialist "Skill Centre" to provide training and education opportunities for the region. This is a long-term project which is still ongoing.

Contract Four

Durham City Council – worked on developing a strategic business planning framework and comprehensive guidance notes that could be used as a template in the future to meet the requirements of the Audit Commission,. As part of this process I ran workshops on analysis techniques and gave guidance on setting strategic objectives and the formulation of action plans to meet both Best Value and Comprehensive Performance Assessment. I also formulated specific Business Plans for the Internal Audit and Leisure Services Sections and provided recommendations on the Management Information Systems and the Quality Initiatives that could assist the Council to improve their strategic planning.

Contract Five

LSC Tees Valley – Lead Consultant in a Quality Improvement Programme with the main objective being to improve performance and efficiency in the programmes offered by Training Providers. This involved advice and guidance on strategic planning, development of quality systems, financial management and budget preparation together with staff performance appraisal systems.

Contract Six

Northumberland County Council - currently contracted as a specialist Anti-Fraud Auditor with responsibility for increasing corporate fraud awareness and reviewing prevention and detection methods. The role also includes liaison with appropriate prosecuting authorities including Northumbria Police and the Crown Prosecution Service together with the six District or Borough Councils within Northumberland. I am also responsible for advising staff on personal fraud awareness to reduce identity fraud and also investigating any financial irregularities within the Council.

Contract Seven

One North East - appointed under subcontract to act as Lead Consultant to provide training and consultancy services to the new Durham, Teesside, Northumberland and Tyne and Wear Area Tourism Partnerships under an initial induction programme. This involved specific advice on Directors responsibilities, Business and Marketing planning and strategic analysis of the Area Tourism Management Action Plans.
 
PK Stone Consulting
29 Athelhampton House, Washington,
Tyne and Wear, NE38 8TA
Telephone 0191 417 3462 Send us an email
Registered as an Approved Consultant on
The One North East Supplier Register
 - Reference SPR229
Site updated - 10 March 2008