Management Accounts
& Business Analysis

We offer up-to-date, relevant, and promptly produced management information services to facilitate informed decision-making. Our management accounts and business analysis encompass:

• Provision of monthly or quarterly management accounts
• Reporting of key performance indicators (KPIs) essential for driving your business
• Assistance in setting up in-house systems for generating your own information
• Training sessions on optimizing the use of your information
• Supplying management information to lenders as needed
• Reporting branch/divisional results
• Comparing actual performance to budget and/or prior periods
• Providing costing information, including break-even turnover levels

Our aim is to support you in accessing the insights necessary for effective business management and growth.

Business Plan

Business plans are often crucial for supporting finance applications, particularly when seeking bank lending. We provide comprehensive assistance with all aspects of the business plan, including:

• Business strategy and goal setting
• Budgets
• Cash flow forecasts
• Profit forecasts
• Developing all written components of the plan, such as the business background, marketing plan, SWOT analysis, market analysis, competition analysis, and other key elements necessary for presentation to lenders in the most effective manner.

Once the plan is in place, monitoring your progress against it is essential. We offer support in this regard, helping you track your performance against the plan and make any necessary adjustments.

Starting & Growing the Business

Starting and Growing a business is an important venture, but it requires careful planning and execution. We can assist with:

• Choose the legal structure that best suits your business, such as sole trader, partnership, limited company
• Register your business name and obtain any necessary licenses and permits to operate legally in your area
• Create a comprehensive business plan outlining your business concept, target market, marketing strategy, operational plan, and financial projections
• Benchmarking performance against industry peers to gauge competitiveness.
• Implementing robust systems to facilitate scalability and advancement.
• Monitoring performance using key performance indicators (KPIs) to track progress.
• Formulating pricing strategies and conducting tests to optimize pricing.
• Establishing lead generation systems to attract potential customers.
• Designing reselling systems to retain and upsell to existing customers.
• Exploring financing options to fund business growth initiatives.
• Investing in team development to enhance skills and capabilities.
• Adopting a culture of continuous improvement by measuring and testing all aspects of the business.

These services are tailored to meet the specific needs of businesses at various stages of growth, fostering sustainable success and continual improvement.

Buying & Selling the Business

Buying or selling a business is a significant undertaking that requires careful planning and execution. We help with:

• Conduct thorough financial due diligence to assess the financial health and viability of the business being bought or sold. This involves reviewing financial statements, tax records, contracts, and other financial documents to identify any potential risks or liabilities.
• Determine the fair market value of the business, considering factors such as its assets, liabilities, earnings, and market trends. To arrive at an accurate valuation, they may use various valuation methods, such as income, market, or asset-based approaches.
• Analyze the business's financial performance and profitability to identify strengths and weaknesses.
• Develop tax-efficient strategies to minimize taxes.
• Ensuring that all financial aspects of the transaction are appropriately executed and documented
• Develop a transition plan to hand over business control to the new owner