Thus a ‘WIN-WIN’ model for the client is delivered with a very professional service – at a reduced and reasonable fee. We anticipate that our mandate pricing could be up to 50% less expensive than competitors because we use pro bono (to One Direct Advisory) Advisors.
Our team are volunteers and as such are time precious.
This is to the Client’s advantage for any mandate awarded to One Direct Advisory will be completed efficiently and to an agreed, by task, timetable.
However, our policy is that, because we offer cost efficient volunteer time, we will not engage in tenders for any work – which is counter to the aim of the volunteer advisors for their time benefit of, ultimately, Meals on Wheels Central Coast Ltd.
To allow your confidence in our ability to complete the assigned tasks, we offer a free as¬sessment with your Management/Board to fully understand requirements and needs of each project with at least two (2) Advisors chosen at the discretion of One Direct Advisory. These will usually be half day consultations to ensure clarity of project needs. We can also provide longer free consultation where (i) projects under consideration may be lengthy and complex and (ii) to understand all aspects of the business,
Our pricing will be on a complete mandate basis – that is we will not quote on hourly rates but give the organisation a fixed price to complete the entire transaction.
We also seek a Retainer arrangement giving our Clients priority access to our Advisory team. The Retainer is offset against Project fees when these occur.
Given, depending on the role, that there may be a long lead time until completion, we will discuss and negotiate progress payments, in need.
Normal contractual documentation would formalise the mandate.