Owner managed business – From OMB to OMG

Owner managed business

Starting with an idea and an opportunity for a new business in January, I set up my first Owner Managed Business (OMB). I had no staff, no customers, no processes and nothing to sell but the idea of establishing a specialist contractor accountancy business in to an already competitive market.

The irony is that this business concentrates exclusively on clients who are themselves OMBs. Literally they are consultants and freelancers selling their skills via “one -man” Limited Companies. From day one we had things in common-this was challenging and fun at the same time.

Opportunity and good fortune in 2009 led me to a talented and ambitious individual with experience of this sector.  We named the business Intouch Accounting (Clare Rickman’s idea) and will follow this mantra of being and staying in touch with our clients….. Two of us set out on our journey in February 2010 and the initial hurdles took the OMB and mixed it with emotions of OMG…..

 

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