Small companies and start-ups have a cool idea, a cool product, but often have no know-how about all the ‘back-office’ administration or contractual set-ups needed in projects with their clients. Drawing up legal contracts or contract templates can take months, requiring time and money that are best used for the business venture itself. For those who don’t have specialist know-how in employment law, employment administration or contract law, it makes sense to outsource this part of administration to an expert and solely concentrate on your core business.
Our client – a small CFO consulting boutique – focuses on financial interim management (CFO on demand) along with finance and controlling consulting, amongst other services. Due to the nature of their business, they have many different contractual set-ups, such as commission contracts, temporary employment contracts, or contracts for on-call services. Our client decided not to reinvent the wheel but instead trust a partner who has been in this business for decades, and knows the intricacies of contractual setups.
iET were able to provide them with our contract constructs and trained them on the different set-ups, to ensure that as a company, they are always legally compliant. Due to the close and trusting working relationship, they decided to ask us to provide further services, such as invoicing, consulting in human resources questions, contract hire and payrolling. Basically, together with their trustee, we run parts of their ‘back-office’ administration and are their first point of contact for any questions. Furthermore, they were our first client to buy our own CRM WORKSTEP.
Buying in expert know-how is the perfect solution for us. At all times, the FS Partner brand appears very professional and our costs are based on our business performance. In addition to the quality of the work, the personal collaboration with iET is very pleasant and efficient. Rebecca is quick, reliable, persistent and very helpful. We are highly satisfied.
- Simon Frei, Managing Partner at FS Partners‘‘