Maximise Your Business Success Today
How we can help you
Whether you are just starting your professional practice or have been trading for years, you may benefit from an experienced, objective viewpoint to help you spot key challenges and opportunities.
Richard Smith has functioned as the head of real estate departments in two major law firms and was joint Managing Partner and later an Executive Board member of a Top 75 UK law firm from 2010 to 2020, advising on all aspects of the business.
Limestone Business Management offers professional services firms a range of strategic consultancy services to help maximise their growth and profitability, based on Richard's wide-ranging management experience in areas including:
- Business review
- Strategic planning
- Financial performance
- Business development
- Client relationship management
- People management
- Mergers
- Resolving internal and external business disputes
Business Review
We offer a fixed fee meeting, where we take you through a structured series of questions designed to review your business and give you a detailed view of the options open to you.
Our follow-up report will highlight crucial elements of your business performance, markets, team, competitors, and finances. It will highlight areas of opportunity and challenges within your current processes and structures.
Strategic Planning
Typically following on from a Business Review, we can create a bespoke plan for your business, which will include the outline strategies needed to address the key areas of challenge.
We bring a wealth of knowledge from our experience with other firms and sectors, and can offer insights and best practice in areas including:
- Business development
- Client relationship management
- Operations
- Financial performance
- Human resources
Financial Performance
We can help review your financial performance, including analysing metrics for fixed costs, budgeting, forecasting, cash flow, debt management and profitability.
Doing so will help prevent financial instability and pursue growth opportunities.
Business Development
We can help with the of creation of effective business development strategies to help increase your market share.
We analyse market trends, identify growth opportunities such as service or product diversification or new markets, and can provide insights on how best to capitalise on them.
Client Relationship Management
Building and maintaining strong client relationships is fundamental for the growth of any professional practice or small business.
We offer strategies to help improve client engagement and customer satisfaction, such as the creation of successful on-boarding programmes, implementing client feedback processes, and creating rapport and confidence with clients, by discussing and understanding their business requirements and goals.
People Management
We can help analyse your current recruitment and retention policies, helping to improve team performance, engagement and productivity.
This may include the review or creation of appraisal and performance management systems.
Mergers
The decision to merge is not to be taken lightly - it involves more than financial priorities and must encompass cultural fit and shared values, among other things.
We can help you with an objective review of the strategic imperatives, and examine issues such as service/product, cultural and financial compatibility to help guide you to the best decision. of appraisal and performance management systems.