Business Growth
Effective accounting for an expanding company
As your business expands so too does the need for instant, accurate accounting information. Knowing where you are allows for effective decision making and planning.
Here’s how we’re helping businesses in growth mode:
- Preparation of cashflow projections to prevent and resolve cashflow blockages
- Ongoing review of the practical, legal and tax implications of the choice of trading vehicle and legal structure e.g. incorporation from sole trader to limited company
- Advice on VAT registration and compliance e.g. when to register, choice of the most appropriate VAT scheme
- Tax planning e.g. sole traders becoming limited companies, utilisation of tax reliefs for businesses investing in capital growth
- Guidance in financial forecasting to generate credible business plans which can be used to obtain finance and to achieve improved management control
- Assistance with implications of becoming an employer: administrative, financial and legal duties e.g. payroll, PAYE, Construction Industry Scheme (CIS)
We also help with Due Diligence:
- Reviewing a prospective purchase of a business (sole trader/partnership/company)
- Valuation of assets, trade and goodwill
- Financing Options
- Legal matters
