As a business grows and matures, for the business owner long hours are common.

When profits look disappointing when turnover has increased, a feeling despair can creep in. As knowledgeable growth accountants we use our expertise in to help you grow your business.

Every business needs a little help now and again especially when talking about accounts and finance.

That’s why our specialist team is on hand to share its knowledge and help you focus on growing your business, maximising your profitability and creating wealth for you and your loved ones.

Here are some of the service we can offer:
- Benchmarking
- Business Valuation
- Raising Finance
- Reducing Tax burdens
- Systems Review

It is a well-known fact that many business failures could have been avoided if the owners had taken the right advice at the right time. Some of the commonest causes of company collapse are bad debts, reduced demand, excessive borrowing, and low property values. All too often business owners do not face up to these problems until it is too late.

Moreover, directors who ignore such problems run the risk of committing offences under the Insolvency Act such as fraudulent trading, misfeasance, wrongful trading, and preferential or undervalue transactions – for which the penalty might be disqualification, or worse!

The key is to seek professional help as soon as the first signs of difficulty appear. With timely advice a company may be saved from liquidation or receivership, particularly if there is a genuinely profitable core to the business.

Most people who start up in business do so because they have a good business proposition and the enterprise and commitment to see it through, not because they are experts in the legal, financial, and fiscal aspects of running a business.

Indeed, these matters can often seem daunting, and even off-putting, to the budding entrepreneur. The good news is that you do not need to be an expert in these fields to succeed in business. All you need is the support of a team of trained experts.

Constructive realistic business advice
That’s where we fit in. Bring us your business ideas and we’ll help you to evaluate them in a constructive and realistic manner.

We can also help you:
- Decide on the most suitable structure for your business – sole trader, partnership, or limited company
- Prepare a business plan, cashflow projections, budgets, and trading forecasts
- Assess your finance requirements, advise on the best sources of finance, and draw up the necessary proposals
- Establish a good working relationship with your bank
- Complete any registration procedures with Companies House and HMRC
- Deal with company secretarial issues
- Set up a recording system for your internal use and for complying with statutory requirements

Start your new venture on a sure footing – Contact us for an initial consultation today.

Few of us like to think about dying, but equally few of us could live with the thought that we have not made adequate provision for family and friends who survive us.

The legislation that governs passing on your estate to your chosen beneficiaries requires you to plan well in advance. Since none of us knows when we shall die, this means making the necessary provisions now.

The earlier you make the arrangements, the greater your chance of taking full advantage of the tax opportunities available and thereby maximising the amount that goes to your beneficiaries. Nothing is more demoralising than the thought that a substantial slice of the wealth you have worked hard to accumulate will end up in the Government’s coffers!

It is equally important when planning to transfer your estate that you make adequate provision for yourself and your spouse in your later years. Striking this balance calls for considerable skill and foresight – and a detailed knowledge of the tax regime.

We provide a discreet estate planning service that includes:
- Help with drawing up and reviewing your will
- Making full use of exemptions and lower tax rates on lifetime transfers
- Optimising lifetime transfers between spouses
- Transferring agricultural or business property
- Transferring assets into trust
- Arranging adequate life assurance to cover potential inheritance tax liabilities

Start now and make your plan right away!

Set out and determine the direction in which you want to take your business. Your strategic plan will involve setting out your overall goals for your business Move your business forward with confidence.

Everyone knows that a successful business must plan ahead, but all too often the pressures of keeping the business going on a daily basis mean that strategic planning is not given the attention it needs. The result is often rushed judgements, over- or under-capacity, or missed opportunities.

Every business owner needs a planning adviser who has the time and space to take the long view and advise on appropriate courses of action before it is too late.

With years of experience advising our local business community we have a wealth of experience and expertise for you to draw on.

Book a planning review meeting today!

Anyone who sends in a tax return or business accounts to HM Revenue & Customs (HMRC) is at risk of a tax enquiry or inspection. Thousands of individuals and businesses are selected for such checks every year.

If it happens to you, the questions will be detailed and time consuming to answer. Even if HMRC do not find any extra tax to pay, the costs to defend you could be substantial and can easily amount to hundreds or thousands of pounds.

Our Tax Fee Protection Service protects against professional fees incurred defending clients during HM Revenue & Customs (HMRC) checks whether a client has paid the correct amount of tax or not.

The costs of defence in most reviews carried out by HMRC under the tax legislation are covered, including full and aspect tax enquiries, VAT and PAYE/NIC compliance checks, Business Records Reviews and more.

An additional benefit of subscribing to this service is that support is available on general legal issues and the complex areas of Employment Law and Health & Safety. You will be able to use this free of charge to obtain complementary expert advice on such issues when you need help.

Trusts are extremely useful instruments for tax planning purposes. A trust can be created to hold money or property until certain criteria are met. Trusts can serve many purposes in a family’s financial, retirement, estate, and tax planning.

There are many different types of trust. Each receives different tax treatment and can be adapted to many different purposes.

To take full advantage of trusts in your tax and estate planning you need to receive expert help and advice. We can help you determine which types of trust are best suited to you. We can prepare necessary documentation, and advise on appropriate trustees.

We can additionally advise you on the preparation of your will. Where appropriate, we can also act as trustees or executors.

A Virtual or Part Time Finance Director, better known as a Virtual FD allows businesses access skill and knowledge that may have been prohibitive when compared to a full time FD.

Having an expert on hand and someone you can trust is important – a Virtual FD can be a great help to any business.

The services of a Virtual FD can help guide a business over its formative years, monitoring its financial health and help plan for growth.

Duties can include:
- Budgeting and forecasting
- Cashflow
- Support business decisions
- Business planning

The services of a part time Financial Director can help your grow and manage your business with confidence.