New director for town finance firm
AFINANCE firm has appointed a new director. Macclesfield’s Quintessential Finance Group has appointed Tim Kirby as its new group sales director.
Quintessential, based on Cottage Street, Macclesfield, comprises of a number of brands and businesses and develops technology based products and services which support consumer businesses and websites.
Tim brings more than 12 years’ experience within the financial sector, being a former managing of TML Financial Solutions, Blair Endersby and Caudwell Communications.
In his new role, Tim’s aim will be to broaden the group’s technology and product offering and help develop its place in new and emerging markets, to build on the company’s £25m revenue through 2015.
Tim said: “It’s an exciting time to be joining Quintessential, as we explore, develop and establish our technology in new markets. Together with the leadership team, we can make a huge impact on sales revenue across all channels over the next year, establishing ourselves as ‘best in class’ across our chosen markets.”
Quintessential Finance Group is one of the UK’s fastest-growing financial services technology provider and one of the UK’s largest independent financial technology groups.
The company was named as the top technology business in the northwest in the Sunday Times Tech Track 100 in 2013.
Greg Cox, co-founder and chief executive at Quintessential, said: “Tim’s wealth of knowledge and impressive track record of delivering fast growth, whilst maintaining operational control, made him the ideal candidate to lead us through a time of major growth across emerging markets in four countries.
“Having set the pace within leadership teams with roles such as his senior role at Caudwell Communications, where Tim restructured the business ahead of a successful disposal to Pipex, the fit with Quintessential’s growth strategy made perfect sense.
“We have developed technology that allows us the flexibility to set up and customise specific campaigns for lenders, insurers and providers far quicker than anyone else, which means there is huge potential for us to grow because of the unique strengths of our offering. We’re confident that Tim will play an instrumental part in helping us go from strength to strength.” AFTER a period of austerity where many SMEs have been happy simply to stay in business, many are now taking the opportunity to actively grow. This has been supported by measures introduced by the government, including enhanced tax reliefs for innovation and the new growth vouchers introduced to provide grants for small businesses to obtain professional advice. The emphasis is on strategy.
This week, Rebecca Durrant, tax partner at Crowe Clark Whitehill, gives her tips on strategic planning for SMEs. ●● Plan
All businesses at whatever stage in their growth need a plan, consider where your business is now, where you want to be and most importantly how you plan to reach your goals.
This should include marketing strategies, financial support and making sure you have the right people within your organisation working towards the same aim. ●● Marketing
Make sure people can identify you or your product. In the service industry particularly, people buy people so it is important to present the face behind the brand and get to know your market. ●● Financial support
Having a well thoughtout business plan can help you raise finance with banks, however if these doors are remaining firmly closed you should consider other options.
There are alternative funders in the market now and some tax advantaged schemes such as Enterprise Investment Scheme (EIS) and Seed EIS which can attract business angel investment.
This provides both financial support and expertise which can be crucial particularly in the early stages of business.
●● Macclesfield-based Quintessential Finance Group has appointed Tim Kirby
●● Rebecca Durrant