Early Success for Norwich Based Firm
A Norwich-based business advisory and insolvency firm are showing great signs of promise since opening its doors for business in April this year. Leading Business Services has experienced a high demand from clients in both the corporate recovery and personal debt divisions and has made the decision to expand into larger premises at the newly-refurbished premises at The Gateway, Pottergate, in Norwich.
Jo Pyman, Director, said “After a very successful start, we are delighted to be building the foundations for our continued growth plans. Our new city centre premises will allow us to support more individuals and businesses who are looking to start or grow their business, as well as those who are experiencing financial difficulties or cash flow issues.”
One division of the business, Leading Strategies, which works with start-up businesses and also established companies which require support during growth, has already won a number of clients.
Director Jamie Playford, a licensed insolvency practitioner with over 15 years of experience in the business rescue sector, said: “We are really excited about our unique offering in East Anglia. Using our experience gained from working with clients in financial difficulties, we are looking to share that valuable knowledge with businesses to help avoid the common mistakes that can often be a cause of failure later on.”
The company says it is working with clients producing comprehensive business plans and helping to put in place good business practices to monitor and support those plans, and that this helps clients identify and achieve their goals and gives banks the confidence to support expansion plans. In addition, the company confirmed that number of clients engaging the corporate recovery division has been higher than envisaged at this stage and recruitment plans have been accelerated as a result.
“We are conscious that many clients think that they either do not need or cannot afford professional business support such as this” added Mr Playford. “We would invite those people to get in touch to discuss their business, as getting to know and understand our clients and exploring new opportunities is where we really add value and excel.”
Jo Pyman added: “The feedback we have from our market research, including professional contacts and former clients, is that there is a need for more professional, hands-on support for businesses. Having the experience in business rescue to prevent failure combined with the skills required to drive a business forward and support growth, means our clients benefit from an overall approach that doesn’t exist elsewhere”.