The company is positioned to be a worldwide human resources (HR) consultancy and outsourcing firm. Headquartered in the UK, the firm will exploit the cost efficiency of e-commerce to do its business. It aims to serve large companies who have enormous number of workforce that make internal management a critical issue. Also, the firm intends to help multinational companies that found difficulty integrating HR management while maintaining efficiency. Finally, companies facing compensation and benefit controversies are also targeted by the firm’s services. With its helping hand, clients are assured of their HR needs that will make them focus to central business aspects.
The specific services of the firm include the following; namely, retirement program management, health plan execution, reward system development, reduction programs in HR costs and processing of HR-related transactions. The goal of the company is to provide a distinct source of HR solutions which would entail clients to prioritize their bottom-line. There are several dimensions that clients will do business with company. The firm provides an integrated and in-depth HR services that cover HR issues in recruitment, payroll, benefits and training. Although a new player in the industry, the company has an experienced staff and its management team came from various industries such as pharmaceutical, automobile, mining, financial services and information technology.
The form of the business is a public corporation. This will enable its capital structure to have a balance spread of debt and equity financing. The most notable event in the inception of the firm is the initial public offering. This stage will serve as focal point where the company will not only raise significant amount of capital for its start-up but also will have the support of the investors in its future growth. This is a risky engagement since the firm has minimal performance and financial records that the market will analyze. However, the booming economies particularly in the developing countries renewed the vigor of multinational companies to infiltrate these zones. Also, employment rates are improving which triggers the need for HR agencies. These events will motivate investors to place their money to the new firm.
Credit:ivythesis.typepad.com
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