OUR EXPERTS

Richard Stonier

Partner

Susan Whiting

Partner

BUSINESS ADVISORY

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.

Deans

Gibson House

Hurricane Court

Hurricane Close

Stafford

ST16 1GZ

01785 258311

info@deansaccountants.com

Registered in England No. 08551707

© 2021 by Deans 

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