We will be able to advise and assist on the improvement or implementation of a number of key functional and strategic measures that will impact positively on your business as follows:
Booking
Having year-round access to accurate financial information is vital, as this is what you will base future business decisions on. Work with an accountant who can recommend the most suitable and efficient method of gathering and recording this information, which can be accessed anytime from anywhere, e.g. cloud accounting such as Xero.
Management Information
you need to be aware of the financial position of your business at all times, to avoid discovering costly, even disastrous, mistakes when it is too late to do anything. This can only be achieved if you have access to up-to-date management accounts, such as analyses, trends and forecasts.
Profitability
With your year-end accounts and up-to-date management information in front of you, your business adviser accountant will discuss ways of improving your business performance. Topics for discussions could be maximising your gross profit margin through your pricing policies, improving cashflow and reducing debtor days through improved credit control.
Growth and Investment
Before pursuing a business growth strategy or making a capital investment, talk to your accountant who can advise on the impact that could have on the company’s financial position. If you are considering investing in a new or existing business, they can look at the company’s accounts to check everything’s in order.
Finance
When you approach a bank for a loan, they like to know it’ll be repaid. Your accountant can present the figures and forecasts that will reassure lenders that you can repay any loans.
Business Dreams
By having an understanding of your future goals, both personal and business, your accountant will be able to advise on possible strategies and the steps you need to take to achieve them.
Alan Patient & Co are dedicated to help liberate businesses from the stresses and uncertainties associated with accounting, financial management and compliance.
Starting Your Business
Starting up a new business can be a scary experience, full of traps and pitfalls for the unwary.
Running Your Business
It's vital have an accountant in your team, but more important to have the right accountant
Growing Your Business
If your business is proving successful you will find yourself thinking, should I expand? We can help.
Getting it Right
Getting it right from day one. Practical, simple and effective solutions to help you..
Alan Patient & Co are dedicated to help liberate businesses from the stresses and uncertainties associated with accounting, financial management and compliance.
We would like you to get it right from day one.
Ask yourselves the following questions. Do you have a vision of:
- What your business will achieve?
- Where you will be in a year? 5 years? 10 years?
- How you will get there? How much you need to sell, to whom and when?
- What your potential customers, clients or buyers want and need?
- How you will delight them with the way you deliver your goods and/or services?
- How you will communicate all this so they want to do business with you?
- How to start, grow and manage your business to achieve your vision?
