RIDA Consultancy provides project based business support and strategic delivery advice to aspiring high growth SME’s within the recruitment sector.

From mentorship to Non Executive Directorships our highly qualified team and are to support business owners to fulfill their personal and business potential. Unlike many other support providers we are able to not only support on sales and operation processes but also give you access to our network of partners, including banks and investors. Our team of qualified professionals are fully equipped to be able to support your business in all aspects  as well as one of the most challenging business areas – finance.Our service also provides flexibility to owners who may not wish to retain external consultants on yearly contracts and bespoke packages can be created to accommodate any owners need.

By analysing the critical success factors, as well as other core elements, the health check serves as the first stage of the process for helping a business to grow.

• Areas covered are:• People, management and culture• Resource• Compliance• Innovation• Marketing & sales• Operations & systems• Finance• Legal• HR• Strategy & growth (past, present and future)

Our initial research will identify your business strengths and improvement needs. This will help focus your valuable resources on activities that drive profitability and increase market share. Our research will also highlight various weaknesses, enabling you to act accordingly, gaining expert support where you most need it.

The process is split into three main phases:• Data gathering: Review of records/history, interview of staff, observation of processes and operation etc.• Analysis: Detailed analysis of data may include financial, statistical modelling. SWOT analysis etc.• Presentation of results: Written report explaining the process and giving a summary of the results and providing recommendations

The health check identifies industry benchmarks, with specific areas for improvement; develop a realistic plan to support your business growth, profitability and value.

Thinking of starting your own recruitment agency?

Welcome to the exciting world of being a business owner. You are about to join a fast paced, high growth sector, which can bring satisfying and sizeable rewards. However, knowing what to do and in what order can be daunting and mistakes can easily be made.

To ensure you maximise this opportunity, RIDA and its specialist team have put together the ultimate support package for the ambitious owner. Our support starts with a one to one consultation, which provides you with personal feedback and assistance on your business idea and will assist in the completion of your initial business plan.

Followed by a three day course specifically for start up owners, the course covers 2 days of business set up and recruitment led advice and finishes with a legislation course, ensuring you have a firm understanding of the requirements, Acts and legislation required to support you in your first year of trading.

Over the course of the year we will hold 4 quarterly meetings with you to assist you with your growth and delivery of your business plan, ensuring you keep on track. Together with continuous telephone and email support, your advisor will always be at hand to answer any questions you may have.

Exit Preparation

Preparing a business for sale can be a daunting task, not only will you have put your heart and soul into your Company, you will have also contributed your money. So how do you maximise on this and ensure that you seek your true value?But it’s not a simple as just calling a broker or advertising it for sale.

Have you considered….

Succession planningFinancial record keepingBusiness and operational processesThe required due diligence.

RIDA has….

RIDA consultants can work with you to ensure that when you come to market your business, it is presented in the best possible shape to maximise your return on your investment.We also work with a select number of brokers, who we can introduce prospective parties to, on a reduced fee basis.Consultations are dealt with in the strictest of confidence.