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Proformative Recognizes ‘Investment Due Diligence Template’ as Winner of Inaugural Proformative Resource Award

‘The Resource’ for Corporate Finance, Accounting, Treasury and Related Professionals

San Jose, CA (PRWEB) December 8, 2009

Proformative, ‘The Resource’ for corporate finance, accounting, and treasury professionals, is proud to announce Scott Lane as the winner of the inaugural Proformative Resource Award. Proformative Resource Awards recognize outstanding contributions made by Proformative Community members judged to be of the greatest potential value to financial professionals.

‘Investment Due Diligence Template’ offers a tremendous resource to Proformative Community members:

Scott submitted a comprehensive ‘Investment Due Diligence Template’ which is a tremendously valuable resource for financial professionals to utilize in performing the critical function of due diligence, whether it be in choosing an investment manager or identifying and vetting acquisition candidates. Proformative community members have already viewed this valuable free resource well over 400 times. The ‘Investment Due Diligence Template’ offers a benchmark for the type of resources Proformative strives to provide financial professionals; those that allow them to learn new skills and drive results within their organizations.

In describing the most important lessons he has leaned while repeatedly going through the due diligence process Scott conveyed, “The most challenging aspects are (a) coordinating and facilitating the necessary input from several parties, (b) discussing operations risk as it is largely unquantifiable, and (c) brokering consensus when each constituent is committed to their view of what is important.”

Scott provided the following insights when asked how he planned to stay versed in the evolving world of risk management, “For me risk management is about best practices and being pragmatic. I have seen two types of risk managers in my career: those that are almost 100% academic and those that blend academia with pragmatic business needs. I prefer to be in the latter camp. Ultimately I think I will stay “on top” of the evolution of risk management by staying within the credit investment industry , continuing to remain versed in new developments, and working with my peers through vehicles such as Proformative.”

Proformative would like to congratulate Scott Lane and express our sincere gratitude to all those financial professionals who have made contributions within the Proformative community.

About Proformative:

Founded in 2008 in Silicon Valley, California, Proformative (http://www.proformative.com) is a free and open resource and community dedicated exclusively to serving the needs of corporate finance, accounting, treasury and related professionals. Proformative’s members find free resources and a community of their peers that enable them to learn and get work done. Proformative is community-driven, not corporate-driven, and delivers a ‘noise-free’ environment for its members. Privately funded and privately held, Proformative was created by co-founders John Kogan, CEO, and Greg Stout, CTO.

Media | Blogger | Analysts Resources:

Fact Sheet

Company Backgrounder

The Story Behind Proformative

Member Testimonials and Success Stories

Corporate Finance & Accounting Employment Trends

Proformative in the News

Proformative on Twitter

Media Contact:

Bob Dorr

Proformative

408-400-3993 x103

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Internal conference rooms and meeting facilities are generally designed to the aesthetic beliefs and policies of the management. Most meetings that the company holds will make use of these facilities however many companies find that they also need to hire external conference rooms for specific events and meetings which require extra space or facilities.

There are a number of common conference room layouts, such as theatre style and boardroom style. Taking into consideration the amount of space and facilities needed should be the first step into deciding which conference room to hire. Each style offers its own unique advantages and disadvantages so it is essential to research the decision before booking conference space.

If the conference room is going to be used for a presentation, it is essential that all attendees have a clear view of the projection screen and speaker. If a conference room is being used for a large meeting, using one table that provides adequate space and comfort for the attendees should be the priority.

When presenting to a large audience, theatre styles are by the far the best option. The chair layout in a theatre style conference room ensures that all attendees can see the speaker and presentation. Many larger conference rooms can offer a sloping floor so that all attendees can see the speaker and provide enough space for a significant number of people. The obvious disadvantage of this size and seating style is the lack of space for attendees to take notes and enjoy refreshments.

Boardroom style conference rooms provide space for a large meeting and offers easy access to refreshments for the attendees. With the long tables often found in these conference rooms attendees can also make notes easily. While presentations to large audiences can’t be made in boardroom style conference rooms, small presentations can be made if a presentation board is available.

Considering the requirements of an event will determine what style of conference room you will need to hire, getting it right will ensure attendees are comfortable and enjoy the experience.

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With the advances in technology that we’ve seen over the last few years, the way in which we communicate has been changed forever. Email and even social media messaging has become ingrained into society and is used by individuals and businesses alike. A decade ago communication would have involved face to face meetings and landlines regularly, but today it isn’t the case.

Start-up businesses and digital companies in particular are taking advantage of these tools to communicate to both clients and employees. For a business the ability to communicate from anywhere in the world boasts significant advantages and allows access to global talent and cheaper labour.

All employees from time to time day dream about working from home and it’s easy to see why. Waking up later, avoiding a commute and being able to work from your bed all sounds very appealing and thanks to the ability to stay in touch with both clients and colleagues it seems that this is becoming more of a reality than ever before.

Start-up businesses are finding that employees are happier when working from home and with an empty office; it makes sense to move to a virtual office infrastructure. Virtual offices are available for a fraction of the price that traditional offices command while offering the same advantages: a mailbox, registered business address and telephone answering services. The cost advantages of a virtual office set up can be massive and combined with happier employees it is no wonder that virtual offices are increasing in popularity.

A virtual office provides employees the chance of working from under their duvet while taking calls and getting their work done. For businesses the benefits are clear, much lower overheads and happier employees. While some businesses do need meeting facilities, there is a lot of opportunity for meeting room hire, a much cheaper option than hiring a full office space for a couple of meetings a month.

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With the financial crisis crippling many businesses, survival can come down to the office location and a number of companies are finding that cheaper cities offer a higher chance of survival. Moving away from expensive capital cities provides much lower rental costs to businesses and an improved cash flow position; an essential tool for businesses in a down turn.

Due to the amount of businesses leaving expensive areas, a number of cities are now finding that they are becoming hubs for a number of industries. Businesses that need low overheads to survive, such as creative agencies are some of the first to go and a number of creative and digital agencies are finding their way further and further away from the most expensive areas in the hope of surviving the downturn.

Moving a business to a different location can provide significant overhead reduction but also a wealth of opportunities, particularly if the business can take advantage of local businesses in the area. In an unsaturated market the opportunities can provide growth for a business, even in the downturn. This coupled with lower labour costs and lower rent can lay the foundation for a successful year.

Many businesses that need large amounts of space, whether for a manufacturing process or to house a large number of staff, many businesses are finding that moving away from capital cities provides their business with a new lifeline and improves their cash flow position. Cheap property offers the opportunity for businesses to expand into extra space quickly and so a new location can really mean the difference between a business expanding or contracting.

While there are many benefits, moving a business comes with its fair share of problems too, none more so than retaining current employees. Convincing key members of staff to relocate can be very difficult, particularly if their salary is likely to drop. This is one of the biggest difficulties that the BBC has faced when moving to the north, and has started a recruitment drive, creating a number of opportunities for local workers.

Find out more about relocating an office and Serviced Office Manchester

Home based businesses are now able to take advantage of a number of tools such as virtual office addresses and telephone answering services providing a professional look and feel to the company, however the major disadvantage is the lack of meeting space that the company will have, and if a client wishes to have a meeting to check out your business, a coffee shop or home will not provide the professionalism of rented conference room space.

Choosing the right location can be daunting, and there are a number of factors that should be addressed, however there are a few key points to look out for:

Location – Is the building located close to accessible roads and is it easy to find? Does it offer on-site parking or is it near parking facilities? If your client can’t find the meeting the tone of the meeting could go downhill from the start.

Size – While most meetings will only require one or two tables, space is important. Being stuck in cupboard with two chairs won’t be very comfortable and it is important to make sure the client is suitably impressed with the room.

Amenities – Being able to offer meeting attendees and in particular conference attendees refreshments in crucial. This is even more important if the attendees have travelled quite far to come and see you. On-site facilities will need to be adequate for the meeting.

Staff – Are the staff polite and friendly? Do they appear professional and well groomed? If they are meeting your clients before you they will reflect on your business, so make sure you can trust them to make a good impression.

The lack of meeting and conference rooms that a home based business can provide can be a major shortfall, but luckily many start-up business owners are finding that they can rent professional space that impresses their clients during essential meetings. It’s no wonder that many home based businesses are beginning to compete with established companies with such services available.

If you are a small business owner and find out more about conference rooms Manchester and how they can help you and your business.