Category: Services Page

Do you have a plan in place for business growth?

Business growth services include...

• Setting goals and an action plan to get you where you want to be - see strategic planning;
• Removing the blocks that are stopping you from getting where you want to be;
• Bench-marking against other businesses in your industry - do you know how
• you compare to the best and the average in your industry;
• Getting the systems in place to allow your business to grow;
• Performance monitoring including use of key performance indicators;
• Marketing strategy;
• Unique selling point development;
• Customer service systems to help WOW your customers;
• Pricing strategy - have you tested what your optimum selling price is?
• Lead generation systems;
• Sales conversion systems;
• Reselling systems;
• Raising finance to allow you to invest in growth;
• Improving the potential of your team members;
• Measuring and testing everything so that you can continually improve.

For more information see our ...

• Business growth helpsheets
• Special business reports
• Brilliant business books
• Business profitability calculators

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Stressed out with book-keeping?

Let us review your book-keeping system to advise on...

• The right book-keeping system for your business;
• If the information being produced is accurate and reliable;
• How you can spend less time keeping your books;
• VAT errors - before the Vatman finds them!
• Specific training needed for book-keeping staff;
• How you could produce more relevant management information that is useful to manage your business.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Stressed out with the paperwork?

Let us take it off your hands...

• Drop off your invoices, bank statements, etc;
• We do all the processing;
• We can then easily prepare for you...
  • Management Accounts;
  • VAT Returns;
  • Key Performance Indicators;
  • End of Year Accounts;
  • Estimated Tax Liabilities as you go along so there's no end of year surprises;
• You pick up the records (neatly filed and organised!) and all the information we've agreed to provide you with.

How do you compare against your competitors?

Ever wondered how you rate against others in your industry, to help identify the areas where there is opportunity for improvement.

Use our benchmarking service and report and to see...

• How you compare against the industry average;
• The best and worst statistics in your industry.

We'll identify how you compare in all sorts of key areas including...

• Sales levels and growth rates;
• Debtor days - how good you are at collecting in the cash!
• Gross and net profits margins;
• Liquidity.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Need to get a bank account open?

We can...

• Advise you on the best banks for your needs;
• Use our established relationships with the local banks to introduce you and assist in opening an account;
• Prepare business plans and assist with raising finance.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Do you know why you need an audit or why you should have one?

The main reasons why you will be required by law to have a statutory audit are...

1. You are a PLC or a banking, insurance or finance company (or a subsidiary of one of these);
2. You are required by your professional or trade organisation to have your accounts audited;
3. Your shareholders do not agree to opting out of the audit.

For accounting periods starting on or after 1 January 2016 audit thresholds are aligned with the new qualification as a small company, meaning companies (including LLP's) are exempt from having a statutory audit if they meet 2 of the 3 following conditions...

• Turnover below £10.2 million
• Balance sheet total below £5.1 million
• Less than 50 employees

For accounting periods starting before 1 January 2016 and ending on or after 1 October 2012 small company, meaning companies (including LLP's) are exempt from having a statutory audit if they meet 2 of the 3 following conditions...

• • Turnover below £6.5million
  • Balance sheet total below £3.26 million
  • Less than 50 employees

Most subsidiary companies are also exempt from audit where their parent company guarantees their liabilities.

For accounting periods ending on or before 30 September 2012 an audit is required where your turnover exceeds £6.5million or your gross assets exceed £3.26 million or the company is part of a group that exceeds those limits.
We can advise you if you need an audit and if not, you can save on accountancy fees!

However, we aim to deliver hassle-free audits and there are good reasons for having an audit even if you are not required by law to have one...

• 1. An audit involves a detailed review of the company's accounting systems and systems of control and also requires a detailed understanding of the company's business. Such a review and knowledge can provide increased opportunities to provide proactive business advice on many matters;
  2. An unqualified audit report can improve the status of the accounts in the eyes of banks and commercial lenders, the Taxman and suppliers who may be seeking credit references, etc;
  3. A history of accounts with clean audit reports can also be a factor if you ever wish to sell the company or, perhaps, take it to the market;
  4. The possibility of fraud can be reduced and an audit can act as a deterrent to any potential fraudster.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Do you need accurate accounts provided on time?

We can...

• Prepare accounts to help in completion of self-assessment tax returns;
• Produce financial statements to file at Companies House and abbreviated accounts to ensure the minimum amount of your financial information is made public.

Accounts are prepared to agreed timescales and deadlines.

But we can do more than just report the history of what's already happened...

• Identify areas where we can assist in minimising your tax liability;
• Identify areas of the business that give you the most opportunity to make improvements;
• Use the accounts to help you measure where you are in meeting your goals and what actions you need to take.

We take the time to explain your accounts to you so that you understand what is going on financially within your business, helping you to plan for the future.

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

Small businesses don't need large complex accounting packages

If you need advice on the right accounts or payroll software for you, please talk to us.

We can also offer training in use of some of the leading packages.

We can often help or point you in the right direction with...

• Accounts software;
• Online accounts packages;
• Payroll software;
• Contact management software;
• Advising on the necessary hardware;
• E-mail and internet set up;
• Management reporting solutions;
• Use of various office software packages.

For more information see our ...

• Helpsheet on choosing the right accounting software.
• Useful office software

Next step

Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.