Future Workshops
Future Workshops make Apps & platforms that people love!
Established in 2008, we are 40 of the world's top tech makers and builders Today we build and own our own successful software products, and work with top tier, global customers to deliver ground-breaking platforms. We are one of the most experienced smartphone software companies in the world, having built 300+ premium quality Apps.
The challenge
The challenge was to build trust with an already successful founder, work with him to review personal and business objectives and agree a business plan that delivers scale up levels of value whilst balancing business risk and optionality. This included helping develop senior roles to free up founder time to work in the most productive areas and provide deeper expertise in commercial finance and corporate development to take advantage of IP development capabilities.
Our solution
Introducing efficient governance and oversight
Chairing regular ‘Board/Management’ meetings to input into key areas of strategy, sales, finance, people and marketing
Providing a sounding board, emotional support, independent challenge and helping the management team ‘see round corners’, suggesting solutions that have worked elsewhere
Building infrastructure required to underpin a high growth business
improving management accounting and cashflow reporting
improving performance and margin/KPI reporting
Improving financial management of the business
More focus on managing risk particularly tax e.g. overseas tax exposure, R&D Tax Credits etc
Adding commercial finance, structuring and negotiating expertise and experience to important projects
Introducing advisors who are used to supporting scale ups and making the complex more simple
Looking ahead and considering how best to create and sustain highest strategic value
Contributing to product development, both ideas and process and introduce talent to support this process
Assessing and implementing team incentives such as EMI options and bonus schemes
Preparing the business for external inspection eg by auditors, and building a robust, integrated and interactive financial model which includes assessment of business valuation and scenario planning to help decision making and best use of resources
Client
Future Workshops
Stage
Scale Up
Sector
Digital Transformation
Proposition
Future Workshops builds Apps and Platforms that transform organisations.
We were one of the first companies to build for the Apple App Store. In 2008 we helped a customer scale from 20 people to an IPO on the NASDAQ worth billions of dollars a few years later through a set of innovative Apps.
Relationship duration
2 years
Our roles
Finance business partner, outsourced CFO, finance function support including financial modelling, management accounting and KPIs , decision making support and founder mentoring
The results (so far)
Providing “always on” support to the business
Reduction in founder burnout
Regular and comprehensive management reporting including profitability by client and project
Strategic project support