We prefer that we work with clients on a monthly retainer basis giving both parties a certainty of payment and the inclination to work in a more collaborative way.
The more time we spend understanding the clients business the better the advice and support we produce.
Hopefully the client feels more willing to discuss matters knowing that the “clock” is not on all of the time.
At the end of each retainer period both parties have the opportunity to renegotiate the terms of any future retainer.
Regular meetings with the Board and/or Management of a business can lead to a greater range of issues being discussed and addressed.
Regular contact is supported by regular reporting.
An annual budget updated on a monthly or quarterly basis with actual data can allow the owners to sit down and consider the historical data and contemplate the impacts of this on the future prospects.
The regular consideration of financial trends can help decide how to approach the future.