Financial Management
Successful businesses need robust financial management. Having specialists on hand to manage your finance function effectively puts you back in control and gives you the insight to plan and strategise, building a strong foundation for growth.
Management Accounts
Management Accounts, produced monthly or quarterly, focus on the metrics that matter and give owners and directors deeper understanding of their business’s performance. Improving your internal financial reporting will give you greater control, allowing you to make decisions based on hard data rather than intuition. Our team can also provide guidance on your management information to enable you to make the right business decisions based on timely information.
Cashflow Management
Profit is important but cash is everything. Improved cashflow will not only make your business run more efficiently today but will enable you to invest in new areas in the future. We can provide proactive credit control and cashflow forecasts to ensure your cashflow stays healthy or to provide an early warning system when intervention is needed.
Investment
If you’re looking for funding to invest in consolidation or growth, we can help. From preparing documentation and investment cases to recommendations and introductions to funding sources, we can set you on the right path. Drawing on our management reports can help you forge stronger relationships with banks and other financial institutions.
Budgeting & Forecasting
An accurate budget plus regular revenue and/or profit re-forecasting underpin financial performance. We help businesses plan effectively, ensuring expenditure and investment is aligned with the business roadmap.
Bookkeeping & VAT
We have expert knowledge of a range of accountancy software including Sage, VT, Quickbooks and Xero. Our bookkeepers can provide a full bookkeeping service for you (including credit control, payment runs, bank reconciliation and more), in a prompt and professional manner, freeing up your time to focus on growing your business. We also manage your VAT returns and HMRC obligations.
Payroll
Payroll should be an important priority for any business owner hiring staff. If your employees are not paid at fixed and regular points, they are unlikely to be motivated to work. Payroll is a time-consuming process and a potential minefield, particularly if you have workers on zero hours or casual contracts, with sizeable penalties if you fall foul of legislation. Outsourcing payroll is often more cost-effective than muddling through in-house: our experts can save you the hassle of managing payroll and staying on top of the regulations and paperwork.
Xero Certified Advisors
Xero’s online accounting software is designed to make life easier for small businesses. Business Garage provides migration to Xero and integration, set-up, training, and ongoing support across the Xero software suite.
