Introducing Mitch Consulting
The MedBIC’s newest occupant, Mitch Consulting is a niche firm of accountants specialising in supporting early stage tech companies.
They provide outsourced accounting services to early stage technology and cutting edge companies, covering a full range of financial support from transaction processing to high level CFO advice.
Mitch Consulting was formed in 2014 by Mark and Jane Mitchell from their home office. Starting with just two tech client they have grown in the last four and a half years and now have 30 clients on their books and employ 6 members of staff. As the company grew they looked for new premises and in 2018 moved to the MedBIC.
“We moved to MedBIC in September last year to help us manage this expansion, but also to be part of the vibrant MedBIC start-up scene.” Jane Mitchell – Co-Founder – Mitch Consulting
Mitch Consulting differs from a traditional firm of accountants in a number of respects:
- They only support cutting edge companies. They found that most tech companies face the same issues so by specialising in this sector they have gained a deep understanding of relevant subject matter and are able to offer tailored advice and solutions.
- They only use Cloud software. Experts in solutions such as Xero, ReceiptBank, Pleo and ApprovalMax, providing a fully remote service.
- Mitch have a high ratio of staff to clients. Also the majority of Mitch’s staff are senior qualified accountants and a background from Big Four accounting firms (PwC, EY and Deloitte).
- They only support early stage businesses. Mitch market themselves as an interim solution to support a business from inception to Series B or C. After this stage, they work with clients to bring accounting processes in-house, assisting with the recruitment of staff, handover and training.
Since moving in to The MedBIC Mitch have quickly become part of the MedBIC community and have offered free consultation sessions to all MedBIC businesses.
“In January, we signed our first client at MedBIC, FutureNova. Exciting things are happening at the company and we have really enjoyed working with Mike and the team so far. Our aim is to support MedBIC companies in building with world class financial infrastructure as they moves on to their next stage of development.” Mark Mitchell – Co-Founder – Mitch Consulting