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
Teaser
Finance & AccountingContent Type
General
25/04/24
Summary
Over the years, we have developed a strong reputation as a leading Senior Finance and Executive Search firm. We’re proud to have well-established teams of finance and accounting recruitment cons
by
Neil Burton
Teaser
GovernanceContent Type
Fintech
18/04/24
Summary
The role of risk and compliance in financial services As a sizeable, growing portion of the financial services sector, risk and compliance play a vital role in ensuring that firms conduct busine
by
David Clamp
Teaser
Executive SearchContent Type
General
18/04/24
Summary
Private equity (PE) is a growing industry that has always attracted ambitious top talent due to its high risk/high gain capital investment. Pre-covid, we saw the global private equity industry b
by
Tracey Alper
Related jobs
Salary:
£250 - £310 per day
Location:
Tadcaster, North Yorkshire
Industry
Business Services
Qualification
None specified
Market
Professional Services
Salary
£250 - £350
Job Discipline
Qualified Finance
Contract Type:
Contract
Description
This role will be Inside IR35 and be offering a daily rate of £250 - £310 per day.
Reference
NH - 180224
Expiry Date
01/01/01
Author
Niamh HellewellAuthor
Niamh HellewellSalary:
€60,000 - €65,000 per annum + Bonus, Benefits
Location:
Dublin South, Dublin
Industry
Manufacturing
Private Equity
Qualification
Finalist / Newly qualified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Newly Qualified Finance
Contract Type:
Permanent
Description
Corporate Accountant - Dublin This opportunity will suit a newly qualified accountant coming from professional services environment.
Reference
BBBH180217
Expiry Date
01/01/01
Author
Matthew FitzpatrickAuthor
Matthew FitzpatrickSalary:
£27,000 - £30,000 per annum
Location:
Leeds, West Yorkshire
Industry
Pharmaceuticals & Life Sciences
Qualification
None specified
Market
Commerce & Industry
Salary
£30,000 - £35,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Marks Sattin are currently recruiting a Senior Accounts Payable Assistant on behalf of a very well established £100million turnover business, based on the outskirts of Leeds City Centre.
Reference
BBBH179770
Expiry Date
01/01/01
Author
Yasmin CloughAuthor
Yasmin CloughSalary:
£100,000 - £120,000 per annum
Location:
Bolton, Greater Manchester
Industry
Consumer & Retail
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£100,000 - £125,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Exciting Finance Director role paying between £100,000 and £120,000 working for a PE backed retail and distribution business based in Bolton.
Reference
BBBH180076
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£60,000 - £70,000 per annum
Location:
Crewe, Cheshire
Industry
Transport & Logistics
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Commercial Finance Analyst role for a well established business in Crewe offering hybrid working paying a salary of up to £70,000.
Reference
BBBH180009
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£80,000 - £88,000 per annum + £7,000 Car Allowance + Benefits
Location:
Wilmslow, Cheshire
Industry
Technology
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
Deputy Finance Director role working for an international technology business based just outside Wilmslow paying around £85,000 with car allowance.
Reference
BBBH179742
Expiry Date
01/01/01
Author
Nathan JonesAuthor
Nathan JonesSalary:
£65,000 - £75,000 per annum
Location:
England
Industry
Manufacturing
Qualification
None specified
Market
Commerce & Industry
Salary
£70,000 - £80,000
Job Discipline
Project & Programme Management
Contract Type:
Permanent
Description
Mergers & Acquisitions focused Project Manager for an FMCG client.
Reference
BBBH180220
Expiry Date
01/01/01
Author
Joshua MasseyAuthor
Joshua MasseySalary:
£300 - £330 per day
Location:
Wakefield, West Yorkshire
Industry
Business Services
Qualification
Fully qualified
Market
Professional Services
Salary
£250 - £350
Job Discipline
Qualified Finance
Contract Type:
Contract
Description
I have an urgent requirement for an Interim Project Accountant to join my client based in Wakefield.
Reference
NH - 180113
Expiry Date
01/01/01
Author
Niamh HellewellAuthor
Niamh HellewellSalary:
Bonus + Benefits
Location:
City of London, London
Industry
Investment Banking & Capital Markets
Qualification
None specified
Market
Financial Services
Salary
£100,000 - £125,000
Job Discipline
Compliance
Contract Type:
Permanent
Description
A client of mine, a fast growing bank is looking for a Mandarin-speaking Head of Compliance to lead the function.
Reference
BBBH180219
Expiry Date
01/01/01
Author
Muddasar MahmoodAuthor
Muddasar MahmoodSalary:
£120 - £125 per day
Location:
City of London, London
Industry
Consumer & Retail
Qualification
Part qualified
Market
Commerce & Industry
Salary
£100 - £150
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Finance Assistant/PE backed events business/Temporary to permanent/Netsuite
Reference
ARH020524
Expiry Date
01/01/01
Author
Aaron HowardAuthor
Aaron Howard