TenderSpace, a newly launched online platform that helps property and construction industry professionals manage and source projects, is pleased to announce that it has appointed Mike Balfour OBE to the role of non-executive director.

As the founder of Fitness First, Mr Balfour brings to TenderSpace extensive experience and credibility, and will assist the team with developing the company’s corporate strategy.

Mr Balfour founded Fitness First in 1992 and led the business until 2011. He has since become chairman of Bucket List Film. Mike’s business accolades include an OBE for Services to Business, and a Lifetime Achievement Award by the American Fitness Industry.

Mr Balfour said: “Having taken Fitness First from embryonic stage to a global business, construction is an industry that I have invested a huge amount of money in. I understand that the capital invested in property, whether fitting out a shop or building a health club, is likely to be one of the most significant cash outlays. Getting capital expenditure right is critical, but can be daunting, because for most business people it is not their core expertise.

“As a CEO, no matter what size your business is, you want to be certain that you are finding the best team and the best solution at the best price. I only wish TenderSpace had been around 20 years ago to support my business needs.’’