Virtue CFO and management accounting services

Background: Mr. A runs a training and education firm. The company has seen phenomenal growth not only in turnover but also in team size in recent years. Mr. A was preparing an IPO for his business when he approached the team at Wise Choice Partners. The team quickly identified despite the phenomenal turnover growth, the firm was lagging growth in net profit. Also during the consultation, Mr. A flagged that the firm started to lose key personnels.

How we went: After analyzing the case, we helped the client to develop a number of sustainable plans to tackle issues in cash flow improvement, accounting policy optimization, tailored employee share scheme and business structure redesign. By doing so, we successfully channeled employment risk away from the main business and created a performance driven incentive scheme without affecting the ownership of the company. As a result, the business performance improved dramatically, the morale of employees has reached the highest as the business has never seen and we can see the business secure its IPO in no time.