Orchard Growth Reports Significant Attitude Shift Amongst Entrepreneurs, Indicating New Optimism for SMEs in 2010
Orchard Growth, providers of flexible finance directors, reports a significant increase in optimism amongst entrepreneurial small business owners, indicating the anticipation of an end to the recession.
London, United Kingdom, August 26, 2009 --(PR.com)-- Orchard Growth Partners, specialists in the provision of part-time finance directors for growth businesses, has reported a significant shift in attitude amongst entrepreneurs in the small business community. Feedback from Orchard Growth Principals throughout the country who take on the role of finance director for many growth businesses has indicated that business owners across many industry sectors are anticipating the end of the recession in 2010. For more information, call 0845 3700 303 or visit www.orchardgrowth.com.
Ash Mehta, Chief Executive of Orchard Growth Partners is in regular contact with all of the Orchard Finance Directors that work within small businesses up and down the country. "The vast majority of the Orchard Growth FDs are reporting that their clients are seeing the beginning of an economic recovery. Whilst this is still anecdotal, this feedback is valuable as Orchard's Finance Directors see the economy 'at the coalface' with real businesses." When asked how entrepreneurs working with Orchard Growth see 2010, Ash replied; "Many are very optimistic – more so than we've seen since the beginning of the credit crunch. As they're going into the autumn of 2009, they are very much focused on what they can achieve in 2010, and the expectations are very positive."
This shift in attitude has led Orchard Growth to focus on a programme of flexible budgeting advice starting in September. "We provide advice and information through the website, our newsletter, our blog and many seminars that we organise and host throughout the country in an effort to help entrepreneurs grow their businesses," Ash explained. "The theme of the programme we are starting in September has been chosen because of this attitudinal shift. We're moving the emphasis from how to get as financially fit as possible to survive the recession as seen in our SMART programme to the best preparation for growth in 2010; flexible budgeting."
Flexible budgeting is a fresh approach to business financial management. "Traditional budgeting can be rather soul destroying," Ash commented. "It's always rooted in the past, and often when a growth business wants to try something new, or launch a new project, the traditional budgeting process gets in the way. Our flexible budgeting programme will encourage growth businesses to use flexible budgeting in order to cost different projects and initiatives and then look at the bigger picture with different permutations of the possibilities. It also means that the forward planning process can be more adventurous, and it's a great way to involve all staff. Our part time finance directors can call for input from all levels of the business and understand the cost and revenue implications without locking into any rigid planning. It's a dynamic and much more uplifting budgeting process, in keeping with this optimistic trend we are seeing for 2010," Ash concluded.
About Orchard Growth Partners
Orchard Growth Partners provides companies across the UK with financial director services, whenever and wherever growing businesses need it. Orchard Growth specialises in providing interim and part time FDs for growth businesses, providing top level financial expertise without the usual costs and complications of employing a full time finance director. Orchard Growth's finance directors have both financial and commercial acumen, and are experts in strategic business planning and business growth consulting.
Orchard Growth Partners also provides extensive help to growing businesses that are seeking venture capital funding, or other types of small business fund raising. We have extensive connections with the business angel network and provide tailored help for growth businesses at all stages of the capital fund raising process. Our financial director services also assist owners with planning their business exit strategy and also prepare for initial public offerings. Orchard Growth Partners pride themselves upon providing the financial expertise to guide a business owner through the growing pains of business expansion, freeing them to concentrate on running their business.
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Ash Mehta, Chief Executive of Orchard Growth Partners is in regular contact with all of the Orchard Finance Directors that work within small businesses up and down the country. "The vast majority of the Orchard Growth FDs are reporting that their clients are seeing the beginning of an economic recovery. Whilst this is still anecdotal, this feedback is valuable as Orchard's Finance Directors see the economy 'at the coalface' with real businesses." When asked how entrepreneurs working with Orchard Growth see 2010, Ash replied; "Many are very optimistic – more so than we've seen since the beginning of the credit crunch. As they're going into the autumn of 2009, they are very much focused on what they can achieve in 2010, and the expectations are very positive."
This shift in attitude has led Orchard Growth to focus on a programme of flexible budgeting advice starting in September. "We provide advice and information through the website, our newsletter, our blog and many seminars that we organise and host throughout the country in an effort to help entrepreneurs grow their businesses," Ash explained. "The theme of the programme we are starting in September has been chosen because of this attitudinal shift. We're moving the emphasis from how to get as financially fit as possible to survive the recession as seen in our SMART programme to the best preparation for growth in 2010; flexible budgeting."
Flexible budgeting is a fresh approach to business financial management. "Traditional budgeting can be rather soul destroying," Ash commented. "It's always rooted in the past, and often when a growth business wants to try something new, or launch a new project, the traditional budgeting process gets in the way. Our flexible budgeting programme will encourage growth businesses to use flexible budgeting in order to cost different projects and initiatives and then look at the bigger picture with different permutations of the possibilities. It also means that the forward planning process can be more adventurous, and it's a great way to involve all staff. Our part time finance directors can call for input from all levels of the business and understand the cost and revenue implications without locking into any rigid planning. It's a dynamic and much more uplifting budgeting process, in keeping with this optimistic trend we are seeing for 2010," Ash concluded.
About Orchard Growth Partners
Orchard Growth Partners provides companies across the UK with financial director services, whenever and wherever growing businesses need it. Orchard Growth specialises in providing interim and part time FDs for growth businesses, providing top level financial expertise without the usual costs and complications of employing a full time finance director. Orchard Growth's finance directors have both financial and commercial acumen, and are experts in strategic business planning and business growth consulting.
Orchard Growth Partners also provides extensive help to growing businesses that are seeking venture capital funding, or other types of small business fund raising. We have extensive connections with the business angel network and provide tailored help for growth businesses at all stages of the capital fund raising process. Our financial director services also assist owners with planning their business exit strategy and also prepare for initial public offerings. Orchard Growth Partners pride themselves upon providing the financial expertise to guide a business owner through the growing pains of business expansion, freeing them to concentrate on running their business.
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Contact
Orchard Growth Partners Ltd
Ash Mehta
0845 3700 303
www.orchardgrowth.com
Ash Mehta
0845 3700 303
www.orchardgrowth.com
Contact
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