Stages One and Two are typically completed in relatively short time at a negotiated, time based fee.

An engagement contract would provide the mandate and terms for our involvement during stage Three - Implementation of the Strategic Action Plan. This phase could, depending on the situation, last for up to two or even three years. The terms would typically involve a combination of management fees and a risk-based performance reward - such as a negotiated equity or profit share.

In the active investment management context, our preference is to contract for a combination of a market related management fee and a share in the capital profits of the investment through 'carried interest'.

Our contracts and remuneration are structured towards the objective shared with the providers of capital to the business: to maximise the sustainable profitability and shareholder value of the business.