Business Advisory
Business Support Services
Helping your business to grow and increase profitability
The combination of your business knowledge and my professional support services will help your business to grow and increase profitability.
Management accounts and information
Obtaining regular reliable management information is vital to the continued success of any business. Let me work closely with you to get to know your business so I can make suggestions to help to develop and grow your business and increase your profits. I can prepare your monthly or quarterly management accounts to ensure you always have reliable and accurate information on which to base your business decisions.
Bookkeeping
I can help you with all your general bookkeeping requirements, either at your business premises or at my office. Maybe you need help writing up the books or just want me to add the finishing touches to the information in order to create your own management information. If you do not employ a bookkeeper then I can take up the role or help you recruit the right person for your business.
Liaising with banks and institutions
I offer support when liaising with banks and other financial institutions. Drawing on my wealth of experience I can support my clients through this often daunting experience.
Please contact me if you would like to discuss how I can help your business profitability in more detail.
Business Start Up
Bring your business ideas to me and I will help you make them a reality
Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through.
Most, however, are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of a trained expert.
My advice and services can help. Just bring me your business ideas and I will help you to make them a reality!
I will help you to:
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decide on the most suitable structure for your new business - sole trader, partnership, limited liability partnership or limited company
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prepare a business plan, cashflow projections, budgets, and trading forecasts
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assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
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establish a good working relationship with your bank
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complete any registration procedures with Companies House and HMRC
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deal with company secretarial issues
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set up a recording system for your internal use and for complying with statutory requirements
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decide on what computer hardware to buy and help with the installation of accountancy software
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keep on top of bookkeeping, VAT, payroll and other accounting requirements and
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help with all aspects of business compliance and administration
Please contact me if you would like to discuss how we can help with your new business requirements in more detail.
Consultancy
Offering Non-Exec Finance Director services without the expense of a full time headcount
Your professional and personal goals are central to our consulting services; I take the time to get to know you better so I can offer the best advice.
Non-Exec Finance Director Services
My consultancy service offers the benefits of a Finance Director without the expense of a full-time recruit. Strategic management information will allow you to seize opportunities when they arise or identify problems quickly so you can take effective corrective action.
Business planning and forecasts
Every business should plan ahead to ensure success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and I will ensure these are both meaningful and robust.
Systems advice
Information technology (IT) is one of the key resources available to every business to achieve its short and long-term objectives.
Using the knowledge gained from my own systems and those designed for other clients, I am able to advise on IT related matters with first-hand experience. I can install software, provide training and help you to obtain the best from your chosen system.
My expertise enables a complete range of services to be offered, including:
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Hardware selection
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Installation and training
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Management reporting solutions and
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Payroll systems
If you are spending too much time writing up books, typing invoices and chasing debts I help to take control by computerising your accounts system. I can help you to make the best use of IT resources to produce financial information that is accurate and appropriate for running your business effectively. With the correct accounting software you will save hours of hard work leaving you more time to deal with the more important areas of the business.
In summary, whether you are investing in new technology, reviewing existing systems or have simply outgrown your current resource, I can offer the benefit of my experience.
Accountancy
Supporting all aspects of business administration for sole traders through to large corporations
I provide a range of compliance services to support all aspects of business administration.
I can help you by making sure accounts are prepared in the correct format, statutory books and other company secretarial records are kept up-to-date and that all statutory returns are prepared. I will relieve you of the regulatory burden and leave you more time to concentrate on your core business activities.
In short, I will make sure everything is in the right format, in the right place and at the right time.
My range of compliance services includes:
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Annual accounts
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Company secretarial services
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Payroll procedures including Real Time Information and Pensions Auto Enrolment compliance, and
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Tax returns
Please contact me if you would like to discuss how I can help with your business administration requirements in more detail.
Taxation
Working closely with you to ensure you pay the minimum tax required by law
I will help you to understand the tax implications of your actions, in order that you can plan ahead and conduct your affairs in a tax efficient way.
Corporation tax services
Under Corporation Tax Self Assessment (CTSA), the legal responsibility for correctly calculating the corporation tax liability falls on business owners. I understand the issues facing owner-managed businesses and can prepare tax returns in a timely and efficient manner. I will also calculate your company's tax liability and assist with the calculation of any quarterly instalment payments due.
The increased reporting obligations, investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that your time and resources can be taken up with tax administration. I will help to minimise corporate tax exposure and relieve the administrative burden of compliance with current tax legislation. Effective corporate tax planning can also result in significant improvements in your bottom line.
Personal tax services (including sole-traders and partnerships)
I have the expertise and software to take the headache out of the form filling and compliance aspect of Self Assessment. I can provide you with practical advice on personal tax and the planning opportunities available to you. Over recent years HMRC have increased the penalties for failing to file a return on time and for errors. I can complete tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay.
VAT
Ever changing regulations and the growing demands of HMRC mean VAT compliance can be a difficult administrative process. I can help to ensure that you comply with the regulations and that overpayments are not made. To help you manage this complex area, I provide an efficient, cost-effective VAT service, which includes:
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Assistance with VAT registration
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Advice on VAT planning and administration
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Use of the most appropriate scheme
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VAT control and reconciliation
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Help with completing VAT returns
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Planning to minimise future problems with HMRC
Tax planning
Everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet the compliance requirements. I can provide you with year-round advice on all aspects of personal taxation.
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Profit and cash extraction
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Capital allowances
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Business property relief
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Entrepreneurs relief
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Family tax planning and inheritance tax planning
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Raising finance
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Choice of investment vehicle
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Loss relief
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Help with completing VAT returns
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Planning to minimise future problems with HMRC
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Profit and cash extraction