Unlocking Growth: Manchester's Vibrant Start-up Scene and the Role of Finance Contractors
Manchester, a city renowned for its rich industrial history, iconic music scene, and fervent football culture, is rapidly gaining acclaim as a thriving hub for start-up businesses. In 2021, Manchester was named the best city in the UK to live and work in, and with over 12,000 job listings, workers have an abundance of opportunities to choose from.
The city's dynamic ecosystem, combined with a supportive community and diverse talent pool, has created an environment conducive to innovation and entrepreneurship.
The Role of Finance Contractors
While the start-up landscape in Manchester is flourishing, attracting investment remains a crucial aspect of sustained growth. We have recently covered why finance professionals move to vibrant cities like Manchester.
Finance contractors play a pivotal role in supporting businesses by providing specialised financial expertise and strategic guidance that start-ups often require in their formative stages.
So, how can finance contractors support your business needs?
Financial Management
Finance contractors assist start-ups in establishing robust financial management systems. From budgeting to financial reporting, these professionals ensure that businesses maintain financial transparency and are well-positioned for investors.
Investor Relations
Building and maintaining relationships with potential investors is a vital component of a start-up's journey. Finance contractors with experience in investor relations can help businesses craft compelling narratives, financial models, and presentations that resonate with investors.
Risk Management
Navigating financial risks is essential to entrepreneurship. Finance contractors assess and mitigate financial risks, providing businesses with the foresight needed to make informed decisions and appeal to risk-averse investors.
Strategic Financial Planning
Scalability Planning
Investors seek assurances that their capital will be deployed effectively and yield substantial returns. Finance contractors contribute by developing scalable financial models that showcase a start-up's growth potential. This involves projecting financial performance under various scenarios, demonstrating adaptability to market changes, and outlining clear paths for scalability.
The Manchester Advantage
Collaborative Community
Manchester has a long history of innovation and enterprise, reflected in the start up ecosystem. There is a strong sense of community, with entrepreneurs supporting each other and collaborating on projects. The city's start-up community is characterised by collaboration and knowledge-sharing. Networking events, meet-ups, and industry-specific gatherings facilitate connections among entrepreneurs, fostering a sense of camaraderie that is vital for success.
Access to Talent
Manchester's proximity to top-tier universities ensures a steady influx of skilled graduates. This access to a well-educated and diverse talent pool is a significant draw for businesses seeking to build dynamic teams.
In addition to these advantages, Manchester’s start up scene is supported by a robust local economy, providing a ready market for innovative products and services. The city has diverse industries, including healthcare, financial services, manufacturing and creative industries, which offer opportunities for start ups to collaborate with established businesses and develop new products and services.
Attracting Investment and Driving Growth
By leveraging the expertise of finance contractors, Manchester's start-ups can enhance their appeal to potential investors. The expertise of finance contractors goes beyond mere financial management; it is a strategic move that can significantly enhance a start-up's appeal to potential investors and propel its growth trajectory.
In conclusion, Manchester's vibrant start-up scene is a testament to the city's resilience and commitment to fostering innovation. With the support of finance contractors, these businesses can not only attract the necessary investment but also thrive and contribute to the city's reputation as a beacon of entrepreneurial success.
How Marks Sattin can help
Marks Sattin is a specialist recruitment and executive search firm with over 30 years’ experience, we’ve helped many professionals find their next exciting opportunity, whether that’s within global organisations or growing SMEs. If you’re looking for assistance finding the right finance and accounting talent for your business in Manchester, get in touch today and let us help you.
Signup to receive the latest discipline specific articles
Related articles
![How to become a change manager: qualifications and requirements](https://attraxcdnprod1-freshed3dgayb7c3.z01.azurefd.net/1481115/1438233e-ba19-4fa6-bc88-cbe12d4d2518/2023.17000.2532/Blob/post_no_image.jpg)
Teaser
Change & TransformationContent Type
Career Advice
23/07/24
Summary
What is a change manager? A change manager ensures that business-wide changes are executed smoothly and effectively. This could be the implementation of a new process, system, or organisational
by
James Thompson
![Five reasons change management is important in times of uncertainty](https://attraxcdnprod1-freshed3dgayb7c3.z01.azurefd.net/1481115/1438233e-ba19-4fa6-bc88-cbe12d4d2518/2023.17000.2532/Blob/post_no_image.jpg)
Teaser
Change & TransformationContent Type
General
23/07/24
Summary
In the modern world of business, change management plays an important role in delivering results and ensuring employees are successful. Whether spurred by technological advancements, shifts in m
by
Cillian Mcevoy
![Why is change management important in transformation?](https://attraxcdnprod1-freshed3dgayb7c3.z01.azurefd.net/1481115/1438233e-ba19-4fa6-bc88-cbe12d4d2518/2023.17000.2532/Blob/post_no_image.jpg)
Teaser
Change & TransformationContent Type
General
23/07/24
Summary
In the modern world of business, change management plays an important role in delivering results and ensuring employees are successful. Whether spurred by technological advancements, shifts in m
by
Oliver Bradley
Related jobs
Salary:
£65,000 - £80,000 per annum + + bonus + benefits
Location:
City of London, London
Industry
FinTech
Qualification
Fully qualified
Market
Financial Services
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
An exciting opportunity for a Commercial Finance Analyst to join a growing international FinTech.
Reference
BBBH181444
Expiry Date
01/01/01
Author
Florin HodinituAuthor
Florin HodinituSalary:
£150,000 - £175,000 per annum + equity, bonus and benefits
Location:
London
Industry
Healthcare
Qualification
Fully qualified
Market
Executive Search
Salary
£175,000 - £250,000
Job Discipline
Private Equity Executive Search
Contract Type:
Permanent
Description
Marks sattin executive search is working with an effective international, PE Backed healthcare buy and build business
Reference
TA 3325
Expiry Date
01/01/01
Author
Executive SearchAuthor
Executive SearchSalary:
Equity, Bonus and Benefits
Location:
Essex
Industry
Transport & Logistics
Qualification
Fully qualified
Market
Executive Search
Salary
£125,000 - £175,000
Job Discipline
Private Equity Executive Search
Contract Type:
Permanent
Description
Marks Sattin Executive Search is seeking a Chief Financial Officer to join a fast-growing PE-backed B2B business based in Essex.
Reference
TA 3324
Expiry Date
01/01/01
Author
Executive SearchAuthor
Executive SearchSalary:
£100,000 - £120,000 per annum
Location:
City of London, London
Industry
Investment Banking & Capital Markets
Qualification
Fully qualified
Market
Financial Services
Salary
£100,000 - £125,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
An exciting opportunity to join an international Bank and play a pivotal role in driving financial excellence, growth and transformation.
Reference
BBBH181445
Expiry Date
01/01/01
Author
Florin HodinituAuthor
Florin HodinituSalary:
£180,000 - £200,000 per annum + Equity, Bonus and Benefits
Location:
City of London, London
Industry
Energy, Resources and Industrial
Business Services
Qualification
Fully qualified
Market
Executive Search
Salary
£175,000 - £250,000
Job Discipline
Private Equity Executive Search
Contract Type:
Permanent
Description
Marks Sattin Executive Search is working with a successful PE Backed B2B Infrastructure Consultancy business based in Central London
Reference
TA 3323
Expiry Date
01/01/01
Author
Executive SearchAuthor
Executive SearchSalary:
Negotiable
Location:
Chorley, Lancashire
Industry
Consumer & Retail
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Finance Manager (Management Accounts) - 40% home working
Reference
BBBH180107
Expiry Date
01/01/01
Author
Laura HalloranAuthor
Laura HalloranSalary:
Up to £55,000 per annum
Location:
Edinburgh
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Delighted to be working once more with one of our long standing clients, who due to restructure are recruiting a Commercial Financial Controller
Reference
BBBH179738
Expiry Date
01/01/01
Author
Laura HalloranAuthor
Laura HalloranSalary:
£85,000 - £95,000 per annum
Location:
Bristol
Industry
Technology
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Marks Sattin have been engaged by an international software services company based in Bristol to recruit a Group Financial Controller.
Reference
BBBH181364
Expiry Date
01/01/01
Author
Ben NeeamuthkhanAuthor
Ben NeeamuthkhanSalary:
£50,000 - £55,000 per annum
Location:
Bristol
Industry
Manufacturing
Qualification
None specified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Marks Sattin have been engaged on an exclusive basis to recruit a fantastic Capex Buyer role for a very exciting client based in the Bristol area.
Reference
BBBH181424
Expiry Date
01/01/01
Author
Ben NeeamuthkhanAuthor
Ben NeeamuthkhanSalary:
Negotiable
Location:
London
Industry
Pharmaceuticals & Life Sciences
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Contract
Description
A 6-month contract Senior Finance Business Partner role with a globally renowned research organisation in London.
Reference
JAR2802
Expiry Date
01/01/01
Author
Julia AruciAuthor
Julia Aruci