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Peopleshare celebrate 10 years in business
Peopleshare celebrated 10 years in business on the 1st August. From identifying a need in 2000 for smaller companies to have the same quality financial management as large companies, we have grown to a team of 8, providing hands on financial management to a client base that covers all sectors from manufacturing, engineering, retail, charities, recruitment and estate agents, with a combined turnover of over £70m.
We are very proud that as a testament to the service we created, we have not lost a single client to the recession (touch wood) - we have not seen much of a change in the patten of bank lending to our clients, rates have gone up but no client has had their funding withdrawn or reduced, although some banks have started to ramp up rates for factoring facilities, and some are wanting to convert standard working capital overdrafts to loans.
93% of our clients are making profits and have positive cashflow, which says a lot about the ability and committment of the entrepreneurs in this region, and hopefully a little about the financial management that we provide!
We have developed our service over the years to now cover all aspects of financial management from credit control and book keeping, through to strategic financial management at board level.
Here's to the continued success of our clients, the eventual end of the recession and getting through the next 10 years!
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