| Business planning
The business
environment for individuals and companies is rapidly changing.
It is important that clients have access to reliable advice
based on practical experience. We recommend that our advice
should be sought well in advance on such matters as establishing
new trades, disposals, mergers and acquisitions.
New businesses
require competent professional advice on accountancy and tax
matters before commencing to trade. Initial decisions can
quite easily make the difference between success and failure.
We specialise in business start-up services, to give you
the best chance of success.
Matters
needing particular attention are: the ownership structure,
whether to form a limited company, financing arrangements,
accounting, financial controls, PAYE and VAT systems.
The expanding
or developing business will often need sophisticated assistance
e.g. tax planning, remuneration structures, formulating business
plans, forecasting, cash flow projections, finance, acquisitions
and mergers.
Established
businesses present different problems. The wish of the family
to retain control of their business brings a need for careful
planning of the older generation's retirement and the transfer
of assets to the next. Some owners may be interested more
in the ultimate sale of the business. Tax planning and accounting
advice are key factors in successfully arranging these transactions.
Business finance
We can advise clients on the most appropriate form of financing arrangements
for their business. We have regular contact with bank managers
at most local branches. We have negotiated many facilities
with banks and other financial institutions. We can assist
in preparation and presentation of cash flow forecasts and
the business plan. Additionally, we can assist and advise
in the preparation of information for obtaining government
grants and incentives.
Management information systems
Proper management information systems could lead to greater efficiency
and profitability for your business. We can help you establish
monthly or quarterly reports, prepare cash flow forecasts
and budgets for any current or future financial period.
Computerisation
If you are thinking of updating your accounting software,
we may be able to help. Our firm has developed considerable
ability in choosing and implementing a wide range of systems
for a number of our clients.
Payroll and computer services
We will administer your weekly or monthly payroll upon request.
Our computerised systems will prepare payrolls and returns
in compliance with current legislation. We can file your end
of year returns online and coordinate net payments to your
employees.
If you
are interested in this service, please contact
your partner.
VAT
We can assist with preparation ofquarterly VAT Returns and
online filing. We can also advise on registration, deregistration,
overseas transactions and application of the flat rate scheme. |
