The concept of Maven Priority began with the partners recalling their own struggles in growing their various businesses. Motivation accelerated as research showed that in a market saturated with information based web portals and government bodies, there were no sensible commercial answers housed within one company.
We had all spent money unnecessarily on key aspects of our businesses due to our lack of knowledge and inexperience in those areas. We found the most common mistakes were made in: -
| Business area | Problem | Cause |
| Insurance | Over expenditure. Inappropriate cover |
Complacency on re quoting. New purchases not added. |
| Human Resources (HR) | Poor staff retention. Staff absence. Employment tribunals. |
Ineffective discipline procedures. Lack of knowledge on Employment Law. |
| Solicitors / Legal | Ineffective usage. Over expenditure. |
Lack of knowledge |
| Bad debtors | Not being paid on time. Valuable time wasted chasing debts. Not receiving interest on late payments. |
Poor, or no credit terms and conditions given to customers. Lack of procedures. |
| IT | Excessive expenditure. Data Protection. IT Disasters. |
Lack of knowledge and rogue suppliers |
| Public Relations (PR) | Poor or no PR plan. No PR as PR is deemed too expensive. |
Lack of knowledge and training in PR. |
| Accountancy | Excessive expenditure. | Lack of knowledge. |
| Company expenses | Over expenditure. | Ineffective and poor enforcement of policies. No policies in place |
| Networking / events | Ineffective, costly and unrewarding | Bad choices, poor targeting and lack of follow up |
Left to trust in the integrity of others we either employed expensive personnel or enlisted independent contractors that took advantage of our ignorance; often resulting in grossly inflated prices, or even worse, paying for products and services we did not necessarily need!
Maven Priority was born from the inherent need for all businesses to procure reliable and trustworthy services to save precious time and money, not waste it.
Maven Priority Membership provides just that, all it takes is a phone call and your problem’s solved.
