Advisory
Services
We’re more than accountants.
We’re here to make a real difference to you and your business. Delivering a high-quality, efficient compliance service is just part of that. Helping you develop, improve, and grow your business is the next step.
Our Business Development offerings are practical and tangible services to create long-term value for you and your business.
Contact us today to arrange a complimentary meeting to discuss how we can help you find time, mind and financial freedom.
Lets Get Started
Proactive Accounting Meeting
If you’re keen to improve your business performance and financial results but feel you're not being supported enough by your current accountant - we can help.
We’ll arrange a complimentary Proactive Accounting Meeting to review your unique situation and discuss how we may be able to support you. During the meeting, we’ll identify your burning issues, opportunities, and potential tax efficiencies, then establish goals and strategies to achieve them. We’ll also have a strategic discussion about the current and future direction of your entities.
Following the meeting, if required, we’ll prepare a proposal for Business Development work and/or compliance services, with all costs priced upfront.
Annual Accounts Review (Complimentary - 1 hour)
It's essential to understand your Annual Accounts and taxation commitments. Devoting time to understanding your accounting reports is one of your first steps toward making better business decisions.
Every business owner should be able to read and understand their Annual Accounts. They tell an important story about your business. However, most business owners don't have a background in accounting.
The good news is that we can help you develop your financial skills. It's our job to empower you so you can run a better business.
Complimentary Client Review
As a valued client, you’ll receive at least one Complimentary Client Review (CCR). In fact, this is an annual event for a number of our clients.
The CCR is an opportunity for you to set and review your goals and gives you clarity around the actions you need to take to achieve those goals. It also stimulates strategic discussion and identifies burning issues, opportunities, and challenges so that you respond effectively.
And of course, it’s an opportunity for our team to identify greater tax efficiencies and asset protection.
Cashflow & Profit Improvement Meeting
In business, a healthy profit isn't enough. Even a profitable business can fail due to poor cashflow.
We want to help you better manage your cashflow. The first step is to determine your business's Cash Conversion Cycle. Then we can help you identify strategies to shorten the cycle - so you have more cash in your bank account.
Profit matters too. Increasing your profit can increase your cashflow. Implementing strategies to improve your cashflow and profit enables you to set up your business for success.
The sooner you attend an Improvement Meeting, the sooner you can improve your profit and cashflow and increase your money in your bank.
Let’s Keep Moving
Business Planning
A great Business Planning process gets to the heart and soul of your business. Upon completion of pre-work, we’ll have a greater understanding of your vision and values to facilitate a four-hour planning session to help you create a clear one-page Business Plan.
The outcome of this process is to identify and prioritise goals (both short and long term), create strategies to achieve your goals, enable you to review actual performance against targets, and establish a 90 Day Action Plan to address immediate and critical issues.
Importantly, this process eliminates a factor that is too common in business - procrastination!
Annual Forecasting
Cash is the lifeblood of any business; even a profitable business can fail because of poor cashflow.
Every business should undertake an annual Cashflow Forecast to aid their planning and decision-making. We want you to be proactive in managing your cashflow - not assuming you only need one if the bank asks for it.
When you know how much money will be coming in and out of your business and when, you can confidently plan and execute desired growth and improvement strategies to achieve positive change.
Cashflow Management
Cashflow planning is the best practice in any business and critical to survival and growth.
Our Cashflow Management service is designed to help you improve your Cash Conversion Cycle and maximise your cashflow. It will allow you to predict large cash outflows and respond to changes in your business.
Managing cashflow is all about your business processes. We’ll conduct a thorough review of your processes to identify any potential causes of poor cashflow so we can treat the underlying issues.
We’ll meet with you on a quarterly basis to monitor, analyse, and adjust your key cashflow drivers. Acting as your accountability coach, we’ll help you set annual goals and devise an action plan to ensure you implement improvement strategies for maximum results.
Management Reporting
If you’re not measuring your financial results and key drivers in your business, you can’t properly manage them or implement meaningful improvement strategies and achieve your business goals.
Your monthly Management Report will provide a snapshot of your results, ensuring you understand your financial position and have accurate and up-to-date information on which to base your decisions. Regularly monitoring your key drivers and financial results ensures you’re on track to achieve your goals.
We’ll start with an initial meeting to determine which drivers to measure and ensure you understand how to interpret your reports. Each month we’ll send you a report followed by a 15-minute momentum call to discuss your results, identify areas for improvement, and set actions to ensure you’re on track to achieve your goals.
Quarterly Coaching
As a business owner, you can sometimes feel alone and unsupported - spending little time working on your business and feeling trapped in the day-to-day pressures of working in your business.
Our Quarterly Coaching service provides you with increased accountability and support, so you achieve the results you want from your business.
The outcomes include increased profitability and cashflow, customised reporting templates to measure actual performance against forecasts, and access to an expert sounding board to ensure you continue working towards your goals.
Monthly Coaching
Owning and operating a business is hard work. Our Monthly Coaching programme provides you with accountability and support to ensure you make the best decisions for you and your business. Together, we’ll work to develop strategies to achieve your desired outcomes and gain the lifestyle you want.
Whether your business needs guidance to navigate major change or you simply want regular contact with a trusted coach, we'd love to help!
Financial Awareness Coaching
We’ll help you to understand your business better, enabling you to better manage your cashflow. Good management decisions rely on a sound understanding of the financial implications for your business.
This service involves meeting with us regularly to discuss your financial results, culminating in you learning to produce and interpret your own customised monthly financial reports.
KPI Improvement Coaching
The better you understand the key drivers in your business, the easier it will be to increase your profits and free up cashflow.
First, we’ll help you establish what your key drivers are. These may be financial (e.g. gross profit margin) or non-financial (e.g. customer satisfaction ratings). We’ll teach you how to measure each Key Performance Indicator and set improvement targets. When you’re confident measuring each KPI, we’ll provide regular coaching to help you implement a tactical plan focusing on the process and behavioural changes required to ensure improvement.
Investing a little time each week and making simple changes can dramatically improve your KPIs, thus positively impacting your business performance and personal life.
Trust Review
Our Trust Review service helps ensure your existing Trust clearly reflects your current intentions, while meeting statutory requirements. Many Trusts were set up prior to the introduction of the Trusts Act 2019 and all Trusts must now be compliant with this.
If you’re unsure about how the changes affect your Trust, we can review your Trust Deed and associated documents, discuss what you want your Trust to deliver, make recommendations according to these objectives, and ensure your Trust is compliant and that Trustees are meeting their obligations.
We’ll help you understand your obligations and decide if a Trust is still the best structure for you.
Annual Accounts Review
When reviewing your accounts, we typically look back to see past results, review data, trends and income tax issues (including opportunities to improve your tax income). Then it’s time to look forward by focusing on your goals and, where relevant, working on the right strategies to boost profit and cashflow in your business.
We will be in touch once your accounts are drafted.
Cashflow and profit improvement
If you want to improve your cashflow and profit, and learn how to manage these more effectively, it’s critical to understand the difference between cashflow and profit, as well as identifying key cashflow drivers and how to calculate the Cash Conversion Cycle in your business. We can also provide advice on how to improve Debtor Days, Inventory Days, and Payable Days.
Business Planning
Together we review past performance, clarify future direction and set solid and realistic business goals and define strategies for achievement.
Covering key issues, including personal and business goals for the next 12 months, we work with you to prepare an action plan with strategies to support achievement of goals. It’s also important to focus on areas such as identifying Gross Revenue Targets (GRT), Key Performance Indicators (KPIs), and opportunities and vulnerabilities in your business that need to be managed - as well as the establishment of a 90 Day Action Plan to address immediate critical issues.
