The Focus Practice Approach

Approach to Helping Businesses

TFP seeks to add value to businesses by the introduction of Interim Managers to businesses, such Interim Managers then providing assistance and active involvement not normally provided by the majority of accountants.

The Interim Manager will review the operation of a business and, where fit, challenge the underlying financial framework.

A totally focussed approach, seeking to maximise the business worth on a sustainable and financially sound basis.

Totally objective advice is given always, with absolute integrity.

Interim Managers are not introduced to business unless they are personally highly driven, requiring successful outcomes from all Interim Management work carried out.

Approach to Remuneration 

Initial discussion is free of charge with no obligation.

Thereafter mixture of time based charge plus success related reward to be negotiated on a case by case basis.  These charges are then divided into a placement fee paid to TFP and a reward paid directly to the Interim Manager.

The approach is flexible but always tailored to maximise the alignment of the interests of the business with those of TFP.  A detailed engagement letter is agreed up front, setting out the objectives of the work and the timescales.

There is no ongoing commitment or other form of tie in to TFP and/or the Interim Manager on the part of the business save where expressly required by the business and agreed.

There are normally no conflicts with the existing relationships between clients and their accountants, as the input provided by any Interim Managers is not normally provided by general practice accountants.  The Interim Manager is, by desIgn, not in a position to provide the type of services normally provided by general practice accountants.