Investment

 

When it comes to start-ups, HARSAV Group understands that the success of the business, no matter how small or big, cannot depend on the business ideas alone and sometimes requires in-depth knowledge and expertise to take a business to the next level. 

 

Case Study

BP Consulting is an Energy Management Consultancy, established in December 2018 and based in the North East, specialising in helping companies better manage their ongoing energy costs. Despite having an adequate business model and ambitious leaders driving the business their turnover did not reflect the opportunities that were presented in the market, with wage bills and other expenses significantly diminishing any kind of profit margin they had. 

In Spring 2019, BP Consulting recognised that receiving investment into the company would bring copious benefits that would amplify and facilitate the growth of the business. 

Seeking the most appropriate investor for their needs, BP Consulting connected with HARSAV Group. HARSAV Group recognised BP Consulting was still in the early-stages of development and a growth-focused strategy could have a substantial impact on the business. To date, they have proved to be HARSAV Group’s greatest investment story so far, taking a business that was struggling financially and transforming it in to a well-oiled and disciplined organisation that is now predicting exponential growth over the next 5 years. 

1. Capital
The initial capital investment HARSAV Group offered allowed for BP Consulting to invest in training for current and prospective employees, moving office spaces to increase capacity for future growth and to develop effective and maintainable training programmes for current and future employees.
2. Mentorship

From the date of the agreed investment partnership, BP Consulting were assigned a dedicated mentor to share their expert knowledge on the key factors contributing to business’ growth and success through informed guidance and advice. Assigned mentors maintained strong working relationships with BP Consulting through consistent and substantial communication.  

3. Networking

HARSAV Group’s extensive network of business connections enable them to tap into the knowledge of experts within the commercial energy industry, facilitating the meetings between BP Consulting and relevant specialists. These meetings built the foundations for relationships that are still well-maintained today.

4. Business Strategy

Since the investment, HARSAV Group have provided invaluable advice that has helped further strategize ways of enhancing the already thought-out plans of BP Consulting. This included helping develop their initial business plan into a long-term business strategy through identifying crucial steps that would progress them towards becoming market leaders within the commercial energy industry. 

5. Recruitment

HARSAV Group understood the positive effects that hiring professionals with experience in the industry would have on BP Consulting. To achieve this, they have and continue to assist in developing an effective recruitment plan to obtain a dedicated and well-trained workforce. 

From marketing, sales and finance to development or leadership role, HARSAV Group have extensive connections with experts across all fields, and, because of their investment, they were ready to share these with BP Consulting. Employee growth is now predicted to reach between 16-20 by Spring 2021, a substantial difference from the 1 employee BP Consulting at the start of 2019.

Case Study

“The investment from HARSAV Group has been exponential for the growth of the company. The input from these experts of the industry, has transformed the company so that we have a clear understanding of our history, giving us a better perspective of the past and present stages of BP Consulting, and thus a clear vision of the future.

People have always said to me that you need to take risks to reap the rewards in business, with HARSAV Group supporting us every way in our strategic approach.

I would not have predicted that we would move from 1 employee and an annual turnover of just over £100,000, to forecasting having a team of 20 within 2 years of the business being established and over £1 million turnover by 2025. Extremely grateful for all the work HARSAV Group has put in to transform BP Consulting and I am looking forward to the future opportunities this partnership will present.”

Oliver, Sales Director, BP Consulting.

Case Study

Bespoke Merchant Solutions (BMS) is an Independent Merchant Service Consultancy Firm that was founded in 2018 and provides tailored merchant payment packages for businesses, helping them navigate the merchant services world and maintaining their account management.  HARSAV Group enabled BMS to develop every aspect of the business; from helping with contract negotiation and building strong working relationships with 4 partner banks, to training and development of the sales team, HARSAV Group have optimised their operations through their investment. 

With particular attention on capital investment, introductions to the best merchant banks and strategising business targets through planning, BMS now have a succinct and developed business plan that aims to maximise revenue and reduce loss. The strong foundation that HARSAV has been able to help BMS build has meant that the busines is now able to grow on an exponential rate having already moved to larger offices in the last 2 years, with plans to move again in 2021. 

Bespoke Merchant Solutions​ – Timeline

August 2018
Founding of BMS

BMS is founded

September 2018
First Client
BMS successful acquires its first client, having been able to provide significant savings on their costs through new and innovative resources made available to them
December 2018
Office Move

BMS moves to a larger office in Sunderland

March 2019
Second Partner Bank
BMS brings on their second partner bank and takes on their first large hotel chain as a client
June 2019
Office Move
BMS moves to larger offices in Cobalt Business Park, Newcastle through capital investment from HARSAV Group
December 2019
Third Partner Bank
BMS takes on their third partner bank
January 2020
BMS Expansion
BMS expands the team with more employees
June 2020
Fourth Partner Bank
BMS partners with its 4th bank and starts providing their own terminals to clients
September 2020
Office Move
BMS moves to larger offices in Cobalt Business Park, Newcastle due to team expansion
January 2021
BMS Expansion
The sales team continues to grow having taken on 3 more
March 2021
Office Move
BMS moves office for the final time securing a larger office in Cobalt Business Park to accommodate the continually growing team.

The investment provided by HARSAV Group facilitated the short-term growth of BMS and will continue to support BMS in all of their business needs.

“This continued growth and development have been down to the leadership team in the HARSAV Group, whose guidance has been instrumental in all of our achievements thus far. “

– Alexander Docx, Sales Director, Bespoke Merchant Solutions.