Mercia is one of the UK’s largest providers of training and support services to the accountancy profession. John Welsford, who was MD until June 2007 joined the company as its sole employee in 1982.
At the recent Mercia Partners' conference John was asked how he started Mercia. He explained that he hadn’t. Four firms of accountants had got together and employed John to go down to London to attend CPD conferences. In those days very few CPD courses took place around the UK. John was then required to come back ‘oop north’ to run the same courses for the founding firms' staff. They each paid 25% of his fees.
I wonder if anyone is doing much the same thing today?