Professionalizing your operation
By bringing in experienced people from externally, you'll learn alternative strategies to reach your destination
Gain investor favour
If you're raising investment for your business, professional investors always look for experienced advisors to join the board & help keep the business on track
Board matrix bias
The Dream Board
The ideal board should have at least one director, covering each of the four areas of the business matrix:
Strategy
Operational
Growth
Risk
Wayne Fox
Location: UK
Industries:
Built environment; Hospitality; Software; Financial services; Media
Specialisms:
Government contracts; Mergers & Acquisitions; Strategy; Product creation; Business models; Business turnaround; Equity investment; Organic growth; Real estate development
Bio:
Grown multiple businesses to high 7 & 8 figure revenue. Multi industry experience
Board matrix bias (see above):
Strategy; Growth (Chairperson position)
Case studies
SMT Software
Strategy: New sector; New Geography
Industry: Software development
Description: A publicly traded mid size European software developer. We supported the business to establish a presence in the UK market, alongside adapting the business to deliver contracts to the UK public sector. During the period of supporting the business, we secured a tender pipeline, of more than £200m
Case studies
Carnoisseur Leasing
Strategy: New sector
Industry: Financial services
Description: Supporting the business, to adapt their vehicle leasing business for the requirements of the public sector. During the period of working with the business, we secured a tender pipeline of over £400m.
Case studies
F F Bon
Strategy: New product; New geography
Industry: Hospitality
Description: A small hotel management company. The business strategy was to establish new operations in South West UK. This meant launching a newly developed property from scratch. The ten year vision & business plan, is to expand its management capability, & take over the operations of five additional small hotels or 'micro-resorts' across Devon & Cornwall.
Our Support Packages
Virtual X
8 Board meetings (virtual)
12 month contract
No recruitment fee
Clear pricing
No hidden fees
No P.A.Y.E
No ongoing commitment
£ 1,498 / month
Virtual X Plus
8 Board meetings (virtual)
1 full day (virtual)
Recorded video call
Access to secure document drive
12 month contract
No recruitment fee
Clear pricing
No hidden fees
No P.A.Y.E
No ongoing commitment
£ 1,938 / month
Live X Plan
8 Board meetings (on-site)
4 full days (on-site)
All expenses included
12 month contract
No recruitment fee
Clear pricing
No hidden fees
No P.A.Y.E
No ongoing commitment
£ 7,563 / month
Not ready to make a choice yet?
Download our Milestone Planner
Frequently Asked Questions
1. Are there any additional costs to pay?
No, each support package includes everything for that product level. If you decide you want additional support, outside of the package scope chosen, this can be arranged by separate negotiation at the time.
2. Do I need insurance?
You are required to indemnify the Non Exec Board Advisor against any liability or claim. As an advisor, this doesn't carry the same potential liability, as a traditional Non Exec Director.
3. What's covered under each support package?
The Virtual X Plan, includes 8x board meetings, which shall be attended virtually via zoom or an equivalent platform. During this meeting, we will cover various topics including the current strategies for the business, business performance, any issues experienced, governance, & we'll also agree actions ready for the next meeting. Virtual X Plus, includes one full day, delivered virtually via zoom, or equivalent, where we will work on a specific area of the business according to it's requirements. For example, formulating the strategy for the next 12 months.
4. Can I create a custom support package?
Yes, we can accommodate your requirements. Please join the waiting list & we'll contact you when a slot becomes available. We will create the level of support you need.
5. What's the difference between a Non Exec Advisor, & a Non Exec Director?
A Non Exec Advisor, performs the same duties as a Non Exec Director, however doesn't hold the same personal liability. Due to the current state of the economy, & the inability to control each businesses day-to-day operations, we feel the traditional Non Exec Director model carries too much risk.
6. Why do we need a Non Exec Advisor?
Working with an experienced Non Exec Advisor provides your business with a fresh pair of ideas, from someone that's already walked the path & probably knows a short cut to reach your destination. There are also intangible benefits that come with engaging a Non Exec Advisor too, such as enhanced status & recognition or access to a larger network of connections.
7. Is a Non Exec Advisor an employee of my business?
No, in a typical small or medium business, the Non Exec Advisor works more like a consultant, than an employee
8. Will you be a named director or shareholder of my business?
No, a Non Exec Advisor is engaged to question the decisions & assumptions of your management team. They act on behalf of the shareholders. Whilst they sit on your board, they do not have any legal connection, control, ownership or responsibility for the company. You don't need to change your company articles, or notify your regulator or bank about the engagement.