Let’s talk beyond numbers,
Wherever you see yourself heading, let’s work together in achieving that vision. As your professional advisers, we provide guidance and financial strategy so that you can flourish inside and outside of your business.
There’s more to life than running a business, but we know that’s a huge part of what you do. And to achieve all those aspirations for the future — whatever they may be, wherever they may take you — building a strong foundation for growth and success is crucial. Only then, you can truly begin to flourish.
As your professional advisers, we can expand on our financial understanding of your business and take things to the next level. Together we can look at ways of making your business better, more profitable and resilient, working side by side in developing a long term strategy to facilitate your commercial, professional and personal goals.
Business Planning
Every business needs to have a written business plan. Whatever your commercial, professional and personal goals, setting out a clearly defined roadmap that details your objectives and methodology is crucial for achieving your vision.
Whether it’s to facilitate growth, attract investors or simply provide direction, we can help you plan and develop a long term strategy specific to you and your business.
Together we will identify challenges and opportunities within the business and actions required to resolve or maximise them. We will then identify what support and resources you will need to achieve your goals, working towards a defined set of KPIs to be revisited on a regular basis.
Financial Budget
Outlining a financial budget of your business not only helps to manage cashflow effectively, it also provides a clear vision for your longterm goals and objectives. Furthermore, an overview of your finances gives direction to the board — amongst other key members within your organisation — as to what the business is aiming to achieve and how this will be accomplished.
It’s our firm belief that every business should have a 3-year financial budget to plan exactly where you want to be heading. Together we will look at your objectives and prepare a feasible budget relative to predicted inflows and outflows.
Cashflow Forecasts
As part of your longterm planning, it’s important to have a clear indication of how much money will be coming in and out of your business, including your projected income and expenses.
Working alongside you, we will create a rolling 12-month forecast so you always know what the future financial performance and position of the business looks like, based on what we already know today.
Financial Director Meeting
In support of maintaining your financial budget, we feel it’s important to get together on a regular basis — either monthly or bi-monthly — and review current numbers against your planned budget. We can then set targets for the next upcoming period, ensuring you remain on track.
Quarterly Review
In support of your overarching business plan, we feel it’s essential to convene every quarter and review performance over the previous three months.
As part of this process, we provide an extensive report that includes a breakdown analysis and recommendations to improve results over time.
We will also hold a face-to-face meeting to address anything you want to discuss with us as your professional advisers, and expand on identified areas that will benefit from further exploration.
Pre Year-end Tax Planning
It’s not uncommon for most accountants to wait until the end of the year before telling you what purchases to make in order to save on tax. We think this approach is rather backwards, as it doesn’t really give you ample time to make the most of this advice.
We implement our pre year-end tax planning review three months in advance, so we can start making a real impact and minimise the tax you have to pay straight away.
Research & Development Claims
Suppose your business has invested financially into significant research and development projects, such as new products, systems or processes. In that case, you may be eligible to claim back tax relief from HMRC.
As your professional advisers, we can advise you on the best course of action, making sure you get the most of these allowances available to your business. We then manage, co-ordinate and file your claim with HMRC, taking care of any follow-up correspondences that may be required.