We know from our clients’ experience that moving into Property development can put a strain on both time, resources and ‘peace of mind’. This is where the iBOSS Interim Management Support (IMS) service can be so valuable to those starting down this path.
What we offer.
A typical example of this is one of our clients who was already involved in another sector of the construction industry. He wanted to become a ‘Developer’ but recognised his lack of experience in both organising and financing such a venture. So he came to iBOSS looking for advice and help in establishing the new business.
Following an initial consultation, it was agreed that we would put in place a version of our IMS service. In this case we proposed that he should start with a property refurb rather than go straight to a full-build project. It was further agreed that having identified a suitable property, one of our directors would then project manage the refurbishment on a day-to-day basis with regular reports to the client.
The advantages
This worked well, with our client being able to continue with his current occupation whilst learning about the challenges and pitfalls of his new business. The other benefits of adopting our IMS service were:
- Short term arrangement or on-going agreement (to suit client if he needs help with the next project).
- No permanent employment costs (sick leave, NI, pensions etc.).
- Access to experienced management at affordable cost.
- Support was put in place quickly.
- We provided specific Project Management support with our director adopting a hands-on approach to everything from identifying and engaging a suitable work team to liaising with suppliers .
The final result was a project that was completed on time and within budget, and a property that could immediately be put up for sale. Our client is now looking with us at his next project.
How to get our help
If you are considering, or already involved in Property Development, but would appreciate some advice or support then contact us and ask for our free 2-hour consultation package. Simply call Phil Jones on 07876 503830, e-mail him at phil@theiboss.co.uk or complete the enquiry form on our web site www.theiboss.co.uk. We look forward to hearing from you.