TOGETHER A TEAM
Together we make it happen
Together we succeed
It's what we want that counts
WHAT WE DO
WHY WE DO IT
- Annual accounts
- Company accounts
- Construction industry returns
- Corporation tax
- Partnership tax
- Personal tax
- Self assessment
Why is compliance important?
Compliance work are all the necessary things that have to be done when running a business either as a sole trader, partnership, or limited company.
If these items are not completed in a timely fashion then HMRC will issue penalties and fines until they receive the information.
We provide these services to ensure you are complying with current legislation, and meeting your legal obligations so that you can rest assured knowing that all the necessary forms have been completed and submitted to HMRC on time.
However compliance work just means you are meeting your minimum legal obligations and the information provided contains too little useful information being historical in nature to give you real benefit in running your business.
- Budgets and forecasts
- Capital gains tax
- Companies House administration
- Company incorporation
- Inheritance tax
- Management accounts
- PAYE registration
- Self assessment registration
- Vat registration
These are additional support requests that our clients usually want us to provide which are outside the standard routine compliance work.
Regular bookkeeping, management accounts, budgets and forecasts provide you with more up to date information on which to base business decisions.
HOW WE MAKE A DIFFERENCE
To achieve your goals
As mentioned we do the usual things you expect from accountants, year end accounts, corporate and personal tax returns, vat and payrolls.
However this is not enough for either ourselves or our clients who want to grow their business, improve their profits and have a proper life work balance so we take things further.
Our Business Development offerings are practical and tangible services that create long term value for our clients.
MORE THAN ACCOUNTANTS
The Complimentary Client Review
As a valued client, you’ll receive at least one Complimentary Client Review (CCR). In fact, this is an annual event for a number of our clients. The CCR is an opportunity for you to set and review your goals and gives you clarity around the actions you need to take to achieve those goals. It also stimulates strategic discussion and identifies burning issues, opportunities and challenges so that you respond effectively. And of course, it’s an opportunity for our team to identify greater tax efficiencies and asset protection.
A great Business Planning process gets to the heart and soul of your business. Upon completion of pre-work we’ll have a greater understanding of your vision and core values in order to facilitate a four hour planning session to help you create a clear one page Business Plan.
The outcome of this service is to identify and prioritise goals, both short term and long term, create strategies to achieve your goals, enable you to review actual performance against targets and establish a 90 Day Action Plan to address immediate and critical issues.
Importantly, this process eliminates a factor that is all too common in business - procrastination.
As a business owner you can at times feel alone and unsupported, spending little time working on your business and trapped in the day to day technical aspects. Our Quarterly Coaching service provides you with increased accountability and support so that you achieve the results you want from your business. The outcomes include increased profitability and cash flow, customised reporting templates to measure actual performance against forecasts and access to an expert sounding board to ensure you continue working towards your goals.
Cashflow planning is best practice in any business and critical to survival and growth. Our Cashflow Management service is designed to help you improve your Cash Conversion Cycle and maximise your cashflow. It will allow you to predict large cash outflows and respond to changes in your business.
Managing cashflow is all about your business processes. After preparing a Cashflow Forecast we’ll conduct a thorough review of your processes and identify any potential causes of poor cashflow so that we can treat the underlying issues.
We’ll meet with you on a quarterly basis to monitor, analyse and adjust your key cashflow drivers. Acting as your accountability coach, we’ll help you set annual goals and devise a 90 Day Action Plan to ensure you implement improvement strategies for maximum results.
KPI Improvement Coaching
We’ve developed this service to enable business owners to understand the key drivers in their business. The better you understand your business, the easier it will be to increase your profits and free up cashflow.
First, we’ll help you establish what your key drivers are. These may be financial (e.g. gross profit margin), or non-financial (e.g. customer satisfaction ratings). We’ll teach you how to measure each KPI and set improvement targets. Once you’re confident measuring each KPI we’ll provide monthly coaching to help you implement a tactical plan focusing on the business processes and behavioural changes required to ensure improvement.
Investing a little time each week and making simple changes can dramatically improve your KPIs, thus positively impacting your business performance and personal life.
Owning and operating a business is hard work. Our Monthly Coaching programme provides you with accountability and support to ensure you make the best decisions for you and your business. We’ll work together to develop strategies to achieve your desired work outcomes and gain the lifestyle you want.
Whether your business needs guiding through a major change, or you simply wish to have regular contact with a trusted coach, we’d love to help!
Succession Planning helps you clarify what you want for the future (taking into account business, personal and family expectations) and define the steps required to turn that vision into a reality. At least 3 - 5 years is the ideal timeframe to make sustainable improvements; basically the more time you have for planning and implementation the better.
We’ll begin the half-day Succession Planning session with a presentation providing an overview of important considerations, succession options and processes relevant to your business. We will then work with you to define your succession timeline and identify your ideal succession scenario, opportunities to improve your business value and vulnerabilities you need to manage, documenting them in a robust Succession Plan.
We’ll then set 12 month goals and quarterly goals and actions to achieve these. As a result, you’ll have a roadmap to guide decision making and ensure your business is in the best position to achieve maximum return on your hard work and investment.
Contact us today to see how our powerful Business Development services can provide immense value and clarity to you.