When we talk to new businesses or people thinking of making that big step into self-employment we always discuss the following points (in no particular order):

• Business plan;

• Structure – sole trade, partnership, ltd co etc;

• Accounting records – what to keep, what platform, regularity of upkeep etc;

• Importance of cashflow;

• Registrations with HMRC and Companies House, including VAT if needed;

• Tax efficiencies and things to consider;

• Discussion over business development and marketing;

• A discussion on what expenses you can and can’t claim for;

• Tax payment dates and discipline in keeping cash to pay tax bills;

• Partnership or shareholder agreement;

• Banking;

• Insurance.

​

Business Growth and Support

Business growth and support services include:

• Setting goals and an action plan to get you where you want to be - see strategic planning;

• Removing the blocks that are stopping you from getting where you want to be;

• Bench-marking against other businesses in your industry - do you know how you compare to the best and the average in your industry;

• Getting the systems in place to allow your business to grow;

• Performance monitoring including use of key performance indicators;

• Marketing strategy;

• Unique selling point development;

• Customer service systems to help WOW your customers;

• Pricing strategy - have you tested what your optimum selling price is?

• Lead generation systems;

• Sales conversion systems;

• Reselling systems;

• Raising finance to allow you to invest in growth;

• Improving the potential of your team members;

• Measuring and testing everything so that you can continually improve.

​

Our business support sessions are a planned series of sessions to support you in developing your business.  We listen to your issues and provide constructive feedback and ideas.

​

Business Healthcheck

Our Business Healthcheck service is designed to identify the health of your business to produce a list of recommended areas where there is opportunity for improvement.

 

The Healthcheck can help with:

• Producing a valuation of your business;

• Reviewing the management information systems and reports used;

• Goal setting and how you measure where you are against those goals;

• Identifying the blocks that are stopping you from getting where you want to be;

• Bench-marking against other businesses in your industry - do you know how you compare to the best and the average in your industry;

• Development of key performance indicators;

• Review of marketing strategy, USP's, customer service levels to assist with business growth.

​

​