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Just what are these small start-up consultancies doing right?
 
 If we picture ourselves
in the year 2010,
looking back on the last
decade of developments
in the consulting
market, there are a
number of trends that
are bound to stand out.
Major rebrandings, the
split of accounting /
consulting businesses
and the the ferocious
M&A activity in the
sector are all likely to
be looked upon as major
changes that transformed
the sector.
   But arguably no
change will be more
dramatic than the rise
of small start-up
consultancies.
   As February's edition
of Consulting Times
revealed, there are
dozens of consulting
businesses that have
sprung up in the last 3
years - and many of them
are really making a mark
and winning contracts at
 
  
   
 
 
 
 
 
 
 
 
    "(We've achieved
that) By doing what our
clients call 'real
stuff' from Day 1,
making a fast & positive
difference to their
business, at both the
top- & bottom-line."
   "We focus exclusively
on consumer markets,
where companies are
feeling pressurised by
their retail customers,
with up to 40% of
revenue now being spent
on trading terms &
promotions, & funds for
innovation & marketing
being squeezed"
   "We come in & both
help our clients spend
their money more wisely
with their customers, &
also identify immediate
cost savings which they
can either use to create
new business or boost
their profit line"
   This approach has
allowed Commercial
Advantage to build up a
 
 client list that
includes 3 of the top 6
global consumer products
companies and they find
themselves very much
in-demand at industry
conferences and
regularly quoted in
industry journals like
'The Grocer'.
   Looking forward,
Commercial Advantage are
expecting another year
of strong growth. Bocci
commented:
   "We expect to triple
in size over this year
as a whole. With fifteen
people now, we're
looking for ten more
immediately, covering
both commercial experts
& commercially-minded
project managers to meet
client demand."
   Their story echoes
that of public sector
consultancy specialists
Avail. In their first
year they too grew from
the two founders -
 
 Martin Wilson and Robert
Garner - to twenty five
consultants and won many
prestigious client
contracts with the likes
of the Department of
Health, the Metropolitan
Police Service, the
Foreign & Commonwealth
Office and GCHQ. Public
sector clients too seem
to value the different
service offering of a
smaller niche firm.
   Returning to our
opening question - Just
what are these small
start-up consultancies
doing right? - no-one
really seems to know. Is
it that these firms
bring the best out of
their employees? Is it
that they show more
hunger when dealing with
clients? Is it that
niche focus gives them
an added credibility?
Perhaps looking back in
2010 we'll have the
answer...
 
 the expense of many of
the best-known
consulting brands. So
just what are these
small start-up
consultancies doing
right?
   Commercial Advantage
Consulting is one of the
firms to have featured
in the Consulting Times
league table of
fast-growing start-ups.
When asked what's making
them one of the most
talked about
consultancies in the
consumer goods market,
CEO Aidan Bocci revealed
it's the niche focus
that's appealing to
clients:
 
 
BearingPoint's new CEO appointment renews sale speculations
 
 BearingPoint's
announcement that it
will likely have to
restate at least the
first three quarters of
fiscal 2004 and will
have to report material
weaknesses in its
internal financial
controls was pushed to
the background by the
naming of a new CEO to
head the company.
   BearingPoint said a
review of its internal
financial controls has
identified material
weaknesses that will
have to be disclosed in
 
  
   
 
 
 
 
 
 31.
   However, it was the
appointment of former
Oracle Corp. Chief
Financial Officer Harry
You as the company's new
CEO that generated the
most buzz. It prompted
speculations among
analysts that
BearingPoint might be
getting ready for a sale
due to You's experience
with mergers.
   Prior to Oracle You
was chief financial
officer at Accenture.
Before joining Accenture
in 2001, You was
 
 managing director in
charge of the Computer
and Business Services
Group at Morgan Stanley,
where he assisted in
BearingPoint's initial
public offering in
February 2001.
   Company executives
have denied that You was
hired to arrange a
potential sale, and You
himself has told Reuters
that the company is not
considering or
soliciting any offers at
the time.
   In addition to the
potential restatements
 
 for the first three
quarters of 2004, the
company said there could
be restatements for past
periods as well. It did
not specify how far back
those revisions may go.
   The company also said
it expects to report a
loss for the fourth
quarter of 2004 and
possibly for the entire
year. But it said gross
revenue in 2004 was
about $3.45 billion, up
from $3.15 billion the
prior year.
  
 
 the annual report to the
U.S. Securities and
Exchange Commission.
   The company said it
did not know when it
would file its annual
report, the deadline for
which passed on March
16. The company also
said it will likely miss
the deadline for filing
a quarterly report for
the period ending March
 
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