Blue sky thinking - should we be looking at Plan B alternatives to "PSCs"
+ Reply to Thread
Posts 1 to 5 of 5
  1. #1

    TykeLike

    SimonMac's Avatar
    Join Date
    Aug 2010
    Location
    God's Own Republic Of Yorkshire
    Posts
    22,140
    Thanks (Given)
    226
    Thanks (Received)
    1118
    Likes (Given)
    806
    Likes (Received)
    2963

    Default Blue sky thinking - should we be looking at Plan B alternatives to "PSCs"

    OK, complete blue sky thinking, but given the doom and gloom around should we be at least thinking about possible alternatives to PSCs as these seem to be the target for hector while the likes of the big consultancies who are effectively doing something similar escape the rectal probe.

    A guy on site here say's he want's to start a consultancy, where a handful of senior partners band together, kick 10% of what ever they earn into a central pot for any speculative work/admin costs etc and then as with the usual LLP practice each member takes home what they will, I assume this is how it works in legal chambers etc.

    I am sure there is a valid reason why it can't be done, but should we at least be looking at alternatives to the PSC rather than just sit waiting for the end of the world?
    Live a good life. If there are gods and they are just, then they will not care how devout you have been, but will welcome you based on the virtues you have lived by. If there are gods, but unjust, then you should not want to worship them. If there are no gods, then you will be gone, but will have lived a noble life that will live on in the memories of your loved ones.

    ― Marcus Aurelius

  2. #2

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    33,194
    Thanks (Given)
    135
    Thanks (Received)
    1348
    Likes (Given)
    1721
    Likes (Received)
    5808

    Default

    I'd be willing to bet every half decent contractor has had exactly the same thought. Everything from being a pseudo agency for the client undercutting the existing one or come back as a multi-body micro consultancy. Funny thing is, in 10 years of contracting I've not seen either. Odd that innit.

    I am sure it could be done but it's going to be be bloody difficult to get the right people together that are as dedicated and aren't going to bail once it's a little tough and the right client to kick this off at. Remember even with one client you are a one trick pony. I've seen enough established small consultancies fail due to their one client situation. I'm sure there are a whole host of other negatives I've not thought of yet. They will be listed in the other threads started about this idea.

    Would an idea not to be find a micro-small consultancy that already exists and use your inside knowledge of our client to get them in or add extra value to their offering and shoehorn yourself in as a partner. Over time work your way in to the inner circle and run it that way rather than trying to start from nothing?

    I do think there are enough differences between a PSC and a small consultancy offering a solution and that the markets are different enough to co-exist for the time being... or am I being too optimistic?

    Is this focused at your current situation or across the board?
    Last edited by northernladuk; 23rd August 2017 at 13:25.
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  3. #3

    Double Godlike!

    malvolio's Avatar
    Join Date
    Jul 2005
    Location
    Walking in the garden, dreaming of Olivia...
    Posts
    10,274
    Thanks (Given)
    0
    Thanks (Received)
    206
    Likes (Given)
    4
    Likes (Received)
    716

    Default

    Not a new idea by any means, and it's been tried. The usual problems are working out a way to pay people according to their income and finding the work for them to do. And persuading clients to use a risky small co when then can use a safe big one (I know...)

    But have a look at the Project Pool for one approach.
    Blog? What blog...?

  4. #4

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    33,194
    Thanks (Given)
    135
    Thanks (Received)
    1348
    Likes (Given)
    1721
    Likes (Received)
    5808
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  5. #5

    Super poster


    Join Date
    Jan 2009
    Posts
    3,263
    Thanks (Given)
    166
    Thanks (Received)
    93
    Likes (Given)
    905
    Likes (Received)
    443

    Default

    I have set a new partnership up this year its currently doing nothing because every ones too busy to feed it work. If you are going to do it you need to pay a sales man to sell and open doors other than that. Its a pipe dream.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.