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One Central Feature From the Few Terms and Conditions of Engagement that Prevail
The ‘Opportunities Facilitation Management Service’ is Commissioned via the Principles that Underpin the Concept of ‘Partially-Reimbursable Retained Representation’
‘George Wicks Limited’ represents its portfolio of National and International Clients: i.e. any interested ‘Investment and / or Commercial’ individual, Family Office, Corporate Entity and / or Sports Club, most effectively, when these entities are commissioned within the framework of ‘Partially-Reimbursable Retained Representation’. Please note that this particular concept is becoming increasingly accepted within the prevailing discussions with both existing and prospective Clients, since it is recognised that the ‘Seven Foundation Features’that underpin the ‘Principles of Partially-Reimbursable Retained Representation’ are indisputably equitable !!
‘George Wicks Limited’ recognises that an element of risk needs to be shared by both entities within this proposed commercial association. Therefore and with reference to the aforementioned statements that the ‘Monthly Marketing and Management Retainer Fees’ are ‘partially-reimbursable’, it is proposed that 50% of the ‘Monthly Marketing and Management Retainer Fee’ will be deducted from the ‘Commission Fee’ that is earned, ultimately.Please note that in the extremely unlikely event that a transaction is not completed during the aforementioned period, ‘George Wicks Limited’will continue to represent each Client, in the absence of receiving the aforementioned ‘Monthly Marketing and Management Retainer Fee’ and until a ‘Investment and / or Commercial’ transaction is completed.
In very simple terms, the task of either attracting ‘Investment / Commercial’interest in the prevailing opportunities, on behalf of the ‘Selling Entity’and / or securing access to each ‘Investment / Commercial’ opportunity, on behalf of the ‘Buying Entity’, does not constitute a ‘free of charge’ service from the outset !!
Incidentally, the primary and fundamental ‘Partially-Reimbursable Retained Representation’ principle, upon which ‘George Wicks Limited’ establish agreements, in which it represents and assists Clients by either attracting‘Investment / Commercial’ interest in the prevailing opportunities, on behalf of the ‘Selling Entity’ and / or securing access to each‘Investment / Commercial’ opportunity, on behalf of the ‘Buying Entity’, is enshrined in the second ‘foundation feature’ that is highlighted on the next page of this Brochure. In summary terms, ‘George Wicks Limited’, recognises that ‘commercial insanity’ would prevail, in those instances when its portfolio of Services is deployed to secure the attainment of an aspiration, with which it is not able to cast significant influence in relation to the outcome !!
To facilitate ease of clarification and transparency, the principles that are enshrined within the ‘Seven Foundation Features’ that underpin the Concept of‘Partially-Reimbursable Retained Representation’ are highlighted below: i.e.
‘The Seven Foundation Features that Underpin the Principles of Partially-Reimbursable Retained Representation’
A constituent element of the ‘Opportunities Facilitation Management Service’ and the associated ‘Strategic Commercial Introduction Service’ that prevail at ‘George Wicks Limited’, is that a nominal and partially-reimbursable ‘Monthly Marketing and Management Retainer Fee’ prevails when these ‘Services’ are commissioned.
Please note that ‘George Wicks Limited’ will secure lucrative ‘Investment and Commercial Opportunities’ on behalf of its portfolio of both National and International Clients. However, having secured access to these‘Investment and / or Commercial Opportunities’, it is possible that during the discussions and negotiations to agree the terms of the ‘Investment / Commercial Transaction’, the transaction may not be concluded for a multitude of factors that might be cast by either the ‘individual / entity’, who / that is wishing to attract interest in the ‘Investment / Commercial Opportunity’: i.e. the ‘Selling Entity’ and / or the ‘individual / entity’, who /that wishes to capitalise upon the ‘Investment / Commercial Opportunity’: i.e. the ‘Buying Entity’. Needless to say, the prevailing factors that will have underpinned the cause of the failure to conclude the transaction,would not be attributable to ‘George Wicks Limited’. Therefore and despite the fact that ‘George Wicks Limited’ will have introduced the ‘Investment / Commercial Opportunities’, it will not benefit financially from the execution of its endeavours in executing the ‘Opportunities Facilitation Management Service’ and / or the associated ‘Strategic Commercial Introduction Service’, if the source of its remuneration is based upon a‘success fee’, only.
Any preference to establish a proposed commercial association on the basis of ‘a success fee’ only, does not recognise the value of the success that is generated from both of these ‘Services’. Please note that the execution of the ‘Opportunities Facilitation Management Service’ that prevails at ‘George Wicks Limited’,enjoys an outstanding portfolio of historical success and continues to generate prominent successes, currently,on behalf of the extensive portfolio of National and International Clients that is represented by ‘George Wicks Limited’. A further concern is that the aforementioned preference does not acknowledge the ‘risk-free’element of the Proposal and the ‘Services’.
‘George Wicks Limited’ deploys considerable effort from the commencement of deploying its ‘Services’ and the ‘endeavour in executing the Services’ constitutes a valued commodity to the commercial entity that commissions ‘George Wicks Limited’. As a direct result of this particular fact, the aforementioned ‘Services’cannot be acquired ‘free of charge’, since each of these identify the ‘Investment / Commercial Opportunities’upon which the ‘individual / entity’, who / that commissions the ‘Services’, is able to capitalise.
The ‘Intelligence’ / ‘Network of Contacts and Influence’ supplied, constitutes a valued commodity for any commercial entity to acquire and as a direct result of this particular fact, these two ‘Services’ cannot be acquired ‘free of charge’, since each of these features, secure access to the ‘Investment / Commercial Opportunities’ that have been identified by the ‘individual / entity’, who / that commissions the ‘Services’.
Representation in the absence of a ‘Formal Commercial Association’ in which a nominal and partially-reimbursable ‘Monthly Marketing and Management Retainer Fee’ applies, does not secure a dedicated service from ‘George Wicks Limited’. The ‘Opportunities Facilitation Management Service’ that prevails at ‘George Wicks Limited’ is deployed most effectively when it is commissioned on a dedicated and exclusive basis, ideally, since when the ‘Services’ are deployed in a ‘scatter gun approach’, alongside other service provision entities, the process is destined to become protracted and less successful, ultimately.
Successful commercial relationships are established when both entities are prepared to share the ‘triumph of reward’ with the ‘liability of risk’. Whilst tremendous confidence prevails in securing the ‘Investment /Commercial Opportunities’, a period of time could ensue before the aspiration is achieved and an unnecessary sense of pessimism may emerge, prematurely. The nominal and partially-reimbursable ‘Monthly Marketing and Management Retainer Fee’ ensures that an element of risk is incurred by ‘George Wicks Limited’ and the ‘individual / entity’ who / that commissions these uniquely successful ‘Services’.